Hyderabad-based finance automation startup Bluecopa has raised $7.5 million in a Series A funding round led by Analog Partners, with existing investors Blume Ventures and Dallas Venture Capital also participating.
With this round, Bluecopa’s total funding stands at $11.6 million. The development follows an earlier report by Entrackr in November, which had indicated the company was in advanced talks to close a Series A round.
Use of funds and expansion plans
The fresh capital will be used to deepen product development around autonomous finance capabilities and to build specialised AI models for finance teams handling large transaction volumes. Bluecopa also plans to expand its footprint across Asia-Pacific, North America, and the Middle East as it targets larger global enterprises.
Product focus and platform capabilities
Founded in 2021, Bluecopa builds an AI-native platform that automates core enterprise finance workflows such as reconciliations, accounts receivable and payable, reporting, and financial close. The company says its system is designed to replace batch-based and manual processes with continuous, audit-ready operations and near real-time financial visibility.
Business traction and customer base
According to the company, Bluecopa has recorded over fivefold growth in revenue and a threefold increase in customers over the past year. Its enterprise clients include large listed companies and private firms across sectors such as ecommerce, retail, logistics, travel, and financial services.
Impact on finance operations
Bluecopa said customers using its platform have seen shorter close cycles, improved process efficiency, and a sharp reduction in manual errors, driven by automation of reconciliations and the ability to generate near real-time financial reports.
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