JIFFY.ai, the first-ever unified enterprise automation innovation company structured to have a lasting social impact over the next several decades, launches to help enterprises optimize business functions, focused on finance and operations. Over the last eighteen months, JIFFY.ai has built a team of 150 global employees, and a customer base of over 20 enterprises. The company has raised $18M in Series A funding led by Nexus Venture Partners with participation from Rebright Partners, W250 Venture Fund (founded by alumni of the Stanford Executive Program) and a number of C-level business leaders led by Sri Viswanath (CTO of Atlassian: TEAM), Richard Galanti (CFO of Costco: COST), Charles Goldman (CEO Assetmark: AMK), Tony Thomas (former CIO Nissan Motors: NSANY), Jim Brady (former COO Grant Thornton) and Bob Ward (former COO Sungard Wealth and Retirement).
Read More: GlobalFintechSeries Interview with Robin Gregg, CEO at RoadSync
The company is pursuing a responsible path to AI innovation and the new funding will be used to deliver on its vision, grow the team further and scale its product roadmap and existing customer base which already comprises Fortune and Global 1000 companies.
Read More: Blockchain Valley Ventures Launches Virtual Deal Marketplace for Startup Funding
According to Deloitte, nearly every company in the world will be using robotic process automation‎ (RPA) in some form within the next five years, as attempts to automate manual tasks in verticals like operations, HR, and accounting have fallen short. Gartner also estimates that by 2024, low-code application development will be responsible for more than 65% of application development activity.
With deep expertise in AI, Natural Language Processing, Fintech and automation, JIFFY.ai has evolved its core product to make complex process automation and application design available to enterprises in just a few clicks. Unique to its technology is that it sits on top of legacy systems dependent on manual entries which tend to be slow and heavily error prone. With the latest release, JIFFY.ai combines the power of RPA, deep document processing and native cognitive (AI/ML) capabilities into a single integrated platform with built-in enterprise class security. The key features of JIFFY.ai include an easy-to-use design studio for no-code application development, a cognitive workbench and a configurable analytics dashboard to monitor the automated processes with a human-in-the-loop interface.
Read More: smartTrade’s Solution Awarded Best Multi-Asset EMS System by Markets Media
