JIFFY.ai Raises $53M As Part of Series B Funding Round


JIFFY.ai, a Palo Alto, CA-based provider of an app-based low-code/no-code intelligent automation platform, raised $53M as a part of Series B funding.

The round was led by Eight Roads Ventures, Iron Pillar, and R-Squared with participation from Nexus Venture Partners, Reaction Capital and Rebright Partners.

The company intends to use the funds to scale its sales and marketing efforts, and to advance its HyperApp platform, which combines Robotic Process Automation (RPA), Intelligent Document Processing, and no-code workflow management and software creation.

Led by CEO Babu Sivadasan, JIFFY.ai provides an intelligent automation platform that allows business users to adapt to change and innovate faster. The integrated platform employs the cognitive capabilities of no-code based software development, Intelligent Document Processing, Natural Language Processing, RPA, Machine Learning, and AI to power the next generation of enterprise applications. Built on this platform, JIFFY.ai’s HyperApps (as-a-service) are pre-packaged automation applications that can be extended across the enterprise to accelerate end-to-end automation. Fortune Global 500 companies, Big4 consulting firms, and global leaders in Banking & Financial Services, Media & Advertising, Manufacturing, Telecommunications, Finance & Accounting, and Travel industries have been using the company’s platform.