HuLoop Automation Secures $5 Million in Seed Round
HuLoop Automation, an Auburn, CA-based company that provides AI-powered intelligent automation, secured $5 million in seed funding.
HuLoop Automation, an Auburn, CA-based company that provides AI-powered intelligent automation, secured $5 million in seed funding.
SaaS Investors
The round was led by Moneta Ventures, with participation from Rebellion Ventures, Growth Factory, Vibranium VC, Nurture Ventures, Insta VC, and others.
Founded in 2014, Moneta Ventures is a venture capital firm based in Folsom, California. The firm prefers to invest in business-to-business enterprise software companies operating in healthcare, education, finance, and other domains across the United States West Coast and Texas.
HuLoop Use of Funds
With the funding, HuLoop plans to enhance its platform, expand its team, and meet growing demand in the automation industry. The investment will propel HuLoop's mission to simplify, accelerate, and democratize automation for clients in financial services and retail/CPG.
About HuLoop
HuLoop Automation offers AI-powered intelligent automation solutions that are radically simple, fast, and affordable, for companies of all sizes to boost their productivity. The company offers business process automation (BPA), robotic process automation (RPA), and software test automation (STA) solutions. The platform caters to two primary industry sectors: financial services and consumer commerce. HuLoop's no-code solution provides a digital workforce that automates mundane, repetitive work, enabling employees to concentrate on more valuable work.
Funding Details
Company: HuLoop Automation, Inc.
Raised: $5.0M
Round: Seed Round
Funding Month: February 2024
Lead Investors: Moneta Ventures
Additional Investors: Rebellion Ventures, Growth Factory, Vibranium VC, Nurture Ventures, Insta VC
Company Website: https://huloop.ai/
Software Category: Automation Solutions
