Hyderabad-based finance automation startup Bluecopa has raised $7.5 million in a Series A round led by Singapore-headquartered Analog Partners, with existing investors Blume Ventures and Dallas Venture Capital participating.
With this round, the company’s total funding stands at $11.6 million.
In November last year, Entrackr had exclusively reported on the development.
The proceeds will be used to deepen product development around autonomous finance capabilities and expand Bluecopa’s footprint across APAC, North America, and the Middle East. The company is also investing in building specialised AI models for finance teams handling large transaction volumes.
Founded in 2021, Bluecopa builds an AI-native platform that automates core enterprise finance workflows such as reconciliations, receivables, payables, reporting, and financial close. The company says its system is designed to replace batch-based and manual finance processes with continuous, audit-ready operations.
Bluecopa claims to have reported over 5x revenue growth and a 3x increase in customers during the year. Its enterprise customer base includes large listed companies and private enterprises across sectors such as ecommerce, retail, logistics, travel, and financial services.
According to the company, customers using its platform have seen shorter close cycles, higher process efficiency, and a sharp reduction in manual errors. The platform automates a large share of reconciliations and enables near real-time financial reporting.
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