HuLoop Automation Secures $5M in Seed Funding

February 29, 2024, 4:11 pm
HuLoop Automation
HuLoop Automation
Location: United States, California, Auburn
Employees: 11-50
Founded date: 2022
Total raised: $5M
HuLoop Automation, a California-based AI-powered intelligent automation company, has successfully raised $5 million in Seed funding. The round was led by Moneta Ventures, with participation from Rebellion Ventures, Growth Factory, Vibranium VC, Nurture Ventures, Insta VC, and other investors.

CEO Todd P. Michaud leads HuLoop Automation, offering AI-powered intelligent automation solutions for businesses in the financial services and consumer commerce sectors. Their no-code platform creates a digital workforce that automates repetitive tasks, allowing employees to focus on more valuable work.

With this funding, HuLoop plans to expand its team, accelerate product development, and scale operations to meet increasing demand. The company aims to revolutionize automation, making it simpler, faster, and more affordable for businesses of all sizes.

Todd P. Michaud expressed excitement about enhancing their platform and bringing the benefits of AI-driven automation to more businesses. Moneta Ventures' Managing Partner, Lokesh Sikaria, believes HuLoop is positioned to lead innovation in the automation industry with their customer-centric approach.

HuLoop's unique approach to automation sets them apart from traditional vendors, offering user-friendly solutions that combine RPA, BPM, and Test Automation with cutting-edge technologies. Their goal is to democratize automation, making it accessible to non-technical professionals and businesses of all sizes.

For businesses looking to increase productivity, HuLoop Automation provides AI-powered solutions that are easy to use, quick to implement, and cost-effective. By leveraging AI-based intelligent agents, IDP, RPA, generative AI, and human-in-the-loop experiences, HuLoop helps companies achieve new levels of efficiency and productivity.

In a market filled with complex and expensive automation solutions, HuLoop stands out for its simplicity, affordability, and effectiveness. Their innovative approach to automation is poised to drive the next wave of innovation in the industry, empowering businesses to thrive in a rapidly evolving digital landscape.