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Monday, June 17, 2019

electroNeek Robotics Raises $500k in Pre-Seed Funding

electroNeek Robotics, a New York-based startup that automates office workers routine, raised $500k in pre-seed funding.

Backers included:
– Softline Venture Partners,
– I2BF Global Ventures,
– YellowRockets.vс,
along with existing angel investors.

In the end of 2018, the company raised first external financing to release a software product that automates repetitive user tasks in enterprise applications and systems on the level of Graphic User Interface and cloud connectors. Emerged from the family of technologies known as Robotic Process Automation and Cloud Orchestration, electroNeek automates any work that an employee can create instructions for.

electroNeek can extract and interpret information from business documents (e.g. invoices or purchase orders), Desktop and SaaS applications (e.g. Salesforce), process it, fill out a form or create a custom report, or just move the data between any desktop or cloud app, following business instructions.

Led by Sergey Yudovskiy, CEO, the company targets mid-market and small businesses that have many repetitive tasks and constantly changing IT infrastructure and processes.

Today, it has more than 80 implementation partners globally (including PwC).

Source. FinSMEs, Staff, June 14, 2019

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