bluesheets, a Singapore-based AI automation software company, has raised $6.5 million in Series A funding.
The round was led by Illuminate Financial, with participation from existing investors Insignia Ventures Partners, Antler Elevate, and 1982 Ventures.
Illuminate Financial is a thesis-driven venture capital firm dedicated to fintech and enterprise software companies building technology solutions for financial services.
bluesheets Use of Funds
The company will use the funding to enhance its AI capabilities and accelerate growth in key markets, including APAC and the US. bluesheets plans to diversify its product range to meet the growing demand for AI-based data processing and automation. The investment will also support strategic hires and expansion into new industries.
Founded in 2020, bluesheets is an AI automation company on a mission to redefine the landscape of data processing and process automation. bluesheets uses AI to automate processes across industries, leveraging millions of financial data points to train its models. The company builds AI-driven workflows, incorporating IRIS — bluesheets’ proprietary intelligent data processing engine — to clean, digitize, enrich, and structure data, automating data processing from end to end. Headquartered in Singapore, with clients across Asia, ANZ, Europe and the US.
Company: Researchmyusers Pte Ltd.
Round: Series A
Funding Month: January 2024
Lead Investors: Illuminate Financial
Additional Investors: Insignia Ventures Partners, Antler Elevate, and 1982 Ventures
Company Website: https://www.bluesheets.ai/
Software Category: Finance, Accounting & Data Automation Software