Fisent Technologies secures $2M in funding round to boost GenAI process automation solutions
Fisent Technologies, a pioneer in Applied GenAI Process Automation, announced it extended its seed round, bringing its total investment to date to $2 million, enabling the company to expand its team and further advance the capabilities of its BizAI platform.
Cloudberry Pioneer Investments (Cloudberry), a Luxembourg-based investment firm, joins existing investors, including Pega, Sand Dollar Capital, and other prominent entrepreneurs, to fuel the company’s continued growth.
“This new endorsement by Cloudberry and recommitment from Pega is a tremendous validation of our solution and the market enthusiasm for Applied GenAI Process Automation,” said Adrian Murray, founder and CEO of Fisent. “This follow-on investment will be instrumental in strengthening our technology and enabling us to effectively address the demand we are witnessing across multiple industries and use cases.”
The Fisent BizAI solution enables end-to-end automation of repetitive business tasks through the application of proprietary and publicly available LLMs.
Easily integrated with enterprise systems, Fisent dramatically increases back-office efficiencies by reducing the manual work associated with human interpretation of different types of data and content, according to the company.
In a matter of weeks, enterprises can deploy BizAI to increase efficiency, reduce costs, improve accuracy of tasks, and enable faster, more informed decision-making for improved business outcomes.
“Fisent’s application of GenAI for process automation is quickly unlocking new levels of speed, accuracy, and intelligence in enterprise workflows. By making it easy to harness GenAI for basic process automation, Fisent is not just redressing basic breakpoints in crucial business processes; it is extending automation pathways from existing enterprise systems. We’re proud to back a team that’s building the future of intelligent operations,” said Mahir Sahin, founding partner, Cloudberry Pioneer Investments.
For more information about this news, visit www.fisent.com.