OpenBots: Raises $5M in Seed Funding

  • OpenBots, a NYC-based enterprise RPA platform, raised $5M in seed funding
  • The backers not disclosed
  • The company also intends to use the funds to accelerate investment into research and development
  • Based on the TaskT OpenSource project, OpenBots allows users to build a digital workforce and automate straight-forward and repetitive processes with ease
  • In addition to the OpenBots RPA Suite, the company offers other products including OpenBots Discovery, a SAAS-based process discovery, analysis, and management tool, and OpenBots Document
  • Out of the $5 million raised, $1M has reserved by OpenBots for taking minority investment positions in other RPA Automation solution provider startups
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Experian Launches Credit Score App in ChatGPT, Enhancing Financial Access

New tool enables users to check credit scores effortlessly via ChatGPT.Highlights: Experian's app allows users to check credit...

US Senate Passes Bill Banning Issuance of CBDCs

Legislation aims to restrict the development of digital currencies by the Federal Reserve.Highlights: The US Senate approved a...

Truist Expands Open Banking Offerings with Plaid Partnership

Collaboration aims to enhance customer access to financial services.Highlights: Truist collaborates with Plaid for open banking expansion.The partnership...

UK’s National Fraud Database Reports 444,000 Fraud Cases in 2025

Cifas reveals a significant rise in reported fraud incidents across the UK.Highlights: Cifas reported 444,000 fraud cases in...