Bluecopa, an AI-powered finance operations automation startup, secured $1.8 million in a Pre-Series A funding round from Blume Ventures, Dallas Venture Capital, and Venture Catalysts.
The Hyderabad-based company plans to use the funding to enhance its AI tools for better forecasting and to develop new software features to streamline finance operations.
Bluecopa's platform serves major industries like ecommerce and financial services, and is expanding its customer base with notable clients such as Yatra and Diversey.
AI-powered finance operations automation startup Bluecopa has raised $1.8 Mn (INR 14.9 Cr) in a Pre-Series A funding round from Blume Ventures, Dallas Venture Capital and Venture Catalysts.
With the fresh infusion, the Hyderabad-based company seeks to further boost its AI tools to help finance teams with a better visibility on future trends. Apart from this, the proceeds will also be deployed for building new software features.