Automat, a rising AI automation startup focused on building human-like AI agents for computers, has completed its Series A funding round with a raise of $15.5 million. The company, which is a change of the game in the enterprise automation sector and whose goal is to simplify automation for enterprises by AI agents for business processes taking over the human tasks, thus enabling the so-called “automation”, marks this triumph as its milestone with this new money injection.
Among others, the round was led by Felicis the venture firm which was supported by Initialized Capital, Khosla Ventures, and Y Combinator. K5 Global and Input Capital also contributed to the round. Therefore, the total capital of Automat amounts to $19.25M after this round, and the AI automation startup is thus enabled to broaden its offer and speed up the customer base in the enterprise automation sector.
Redefining Enterprise Automation
Automat is a company that positions itself as a contemporary alternative to traditional robotic process automation tools like UiPath, Automation Anywhere, and Blue Prism. The co-founder Lucas Ochoa, mentioned that the AI automation startup’s goal is to meet enterprises where they are and provide a far more capable automation platform.
Automat enables the users to develop AI-powered workflows via a straightforward, visual interface without the need for an extensive technical knowledge. “Automat generates effective AI agents for business processes to execute the automation of manual business processes by allowing operators to demonstrate the workflows they want to automate,” Ochoa elaborated. Through this method, non-technical operators, along with engineers, can carry out the deployment of scalable automation in the whole organization without the need for complex coding or certification processes.
The AI automation startup stresses that its solution is free from the limitations that other automation tools have. Fully agentic systems usually leave the users the handling of prompts, deployment details, and troubleshooting. In contrast, Automat’s infrastructure is designed to support the team that is most forward-deployed thus allowing the team to have a reliable and deterministic AI-powered workflows experience as the workflows are fully managed and supported.
Founders’ Vision Rooted in Google Experience
Lucas Ochoa and co-founder Gautam Bose, both of them, supported their statements with facts and figures, deep technical experience from their tenure at Google. Ochoa was engaged in Google Hardware and Google X product works, while Bose was experimenting with transformer models in Chrome and Google Cloud Platform.
Both of them came to the point where they thought that the fusion of robotics techniques for “text-to-action” with the progress in large language models (LLMs) and vision-language models (VLMs) might lead to the creation of human-like AI agents not only understanding the tasks but also the reasoning behind each action. These agents can change their behavior according to the new surrounding and the new way of doing the work whereas traditional automation tools are not able to do this.
“This insight formed the foundation of Automat,” Ochoa said. “We believed it was possible to build AI agents for enterprise process automation that operate software like humans do, capable of adapting and reasoning, not just executing pre-defined steps.”
Simplified, Scalable Automation for Businesses
Automat’s platform is centered around ease of use, team work, and the ability to grow. Non-technical users automation platform and engineers may jointly create essential automations without the involvement of big development teams or complicated low-code automation solutions.
Moreover, the AI automation startup provides subscription as well as usage-based pricing, thereby allowing businesses of different sizes to afford it. The main goal of its interface is to eliminate the ways in which teams might get stuck so that they can execute simplified automation for businesses without having to get certified or take a long training course. The forward-deployed engineers, thus, are very important in making sure that all the AI-powered workflows are operating smoothly and consistently, i.e., they are the ones who keep the system safe and secure.
Experienced Team and Future Outlook
The company’s vision is supported by the founding team’s strong technical background. Lucas Ochoa has been a part of Google and Microsoft in different roles, while Gautam Bose has been to Google to gain creative technological experience. Both founders are alumni of Carnegie Mellon University, which implies a mix of deep technical research and automation tools application development background.
After AI startup raises $15.5 million Series A, Automat is ready to broaden its footprint in the enterprise automation market. The AI automation startup, which is the combination of AI reasoning, adaptability, and user-friendliness, intends to revolutionize the organization’s way of process automation by letting the human-like AI agents do the work instead of humans with a few lines of code.
