TLDR:
Singapore-based AI automation software company bluesheets has raised $6.5m in a Series A funding round, led by Illuminate Financial. Other investors in the funding round included Insignia Ventures Partners, Antler Elevate, and 1982 Ventures. bluesheets plans to use the funds to enhance its AI capabilities and expand into new markets and industries, including financial services, insurance, supply chain and procurement, and manufacturing. The company also plans to make strategic management hires to support its growth strategy.
Key points:
- Singapore-based AI automation software firm bluesheets has raised $6.5m in a Series A funding round
- The funding round was led by Illuminate Financial
- bluesheets plans to use the funds to enhance its AI capabilities
- The company also plans to expand into new markets and industries, including financial services, insurance, supply chain and procurement, and manufacturing
- bluesheets also plans to make strategic management hires to support its growth strategy
bluesheets, a Singapore-based company specializing in AI automation software, has completed a Series A funding round, raising $6.5m. The funding round was led by Illuminate Financial, with support from existing investors including Insignia Ventures Partners, Antler Elevate, and 1982 Ventures. The funds will be used to enhance the company’s AI capabilities and to support its expansion into new markets and industries, including financial services, insurance, supply chain and procurement, and manufacturing. The company also plans to make strategic management hires to support its growth strategy. bluesheets aims to revolutionize industries by using millions of financial data points to train AI models for process automation. The company’s goal is to redefine the landscape of data processing and process automation. bluesheets’ CEO and Co-founder, Christian Schneider, expressed that the funding round strengthens the company’s position as a leader in the AI automation space and demonstrates its commitment to providing innovative solutions that empower businesses in different sectors and geographies. The COO and Co-founder, Clare Leighton, highlighted that the funding will enable bluesheets to provide more integrations to off-the-shelf tools, in addition to its current range that includes Google, Microsoft, and SAP.+
