Loading organizations...
San Francisco-based Automation Hero provides an artificial intelligence platform for intelligent document processing that automates repetitive workflows for global enterprise clients. The business-to-business software utilizes advanced optical character recognition and machine learning algorithms to intelligently classify, extract, and integrate unstructured data across complex sectors such as financial services, insurance, healthcare, and logistics. Operating with an estimated workforce of 50 to 150 employees, the enterprise software company has raised approximately $19 million in total venture funding to scale its core technology and expand its engineering presence in Berlin, Germany. This capitalization includes a $14.5 million Series A financing round backed by a syndicate of prominent institutional venture capital investors, specifically Atomico, Baidu Ventures, and Cherry Ventures. Automation Hero was officially founded in 2017 by chief executive officer Stephan Baier to address manual data entry challenges.
Automation Hero has raised $20.0M across 2 funding rounds.
Automation Hero has raised $20.0M in total across 2 funding rounds.
Automation Hero has raised $20.0M in total across 2 funding rounds.
Automation Hero's investors include Atomico, Baidu Ventures, Blumberg Capital, Cherry Ventures, FJ Labs, Mouro Capital, One Way Ventures, Piton Capital, Christian Vollmann, Michael Brehm.
Automation Hero is a San Francisco-based technology company that builds an intelligent process automation (IPA) platform combining robotic process automation (RPA) with artificial intelligence (AI), deep learning, and data processing to automate complex business processes.[1][2][3] Its platform weaves together click robots, structured and unstructured data sources (like emails, PDFs, invoices, and handwritten notes), machine learning, and human input into scalable, distributed automation flows, creating an "operating system for the modern enterprise" that eliminates manual repetitive tasks, handles customer requests, and augments decision-making, particularly in sales and financial services.[1][3][4] Founded in 2017 (formerly SalesHero), it has raised $19.68M in Series B funding, achieved explosive growth in large enterprises, and uses no-code, consumption-based pricing for accessibility without IT expertise.[1][2][3]
The platform serves enterprises in sectors like financial services, banking, healthcare, energy, and manufacturing, solving limitations of legacy RPA by natively integrating AI for advanced processes in complex IT environments, reducing errors, redeploying employees, and driving efficiency.[1][2][4][5]
Automation Hero was founded in 2017 by Stefan Groschupf and a highly experienced team in San Francisco, California, evolving from SalesHero, an AI-driven sales optimization tool.[1][2] The idea emerged from frustrations with decade-old RPA technologies limited to simple, repetitive click-based automations, which treat data integration, processing, and machine learning as afterthoughts, making it hard to automate advanced business processes.[1] Groschupf's team aimed to pioneer an AI- and big data-centric IPA approach with distributed automation flows.[1] Early traction came from high ROI in large enterprise sales organizations, focusing on manual task elimination, customer request automation, and sales rep augmentation, leading to explosive global growth and investments like Series B funding and EIB venture debt.[1][2][4]
Automation Hero rides the surging demand for intelligent automation amid RPA market explosive growth, addressing legacy tech's shortcomings by pioneering AI-first IPA for complex, data-heavy processes in digital transformation.[1][2][4] Timing is ideal as enterprises face pressure to augment human work with AI amid labor shortages and efficiency needs post-COVID, with its platform generating RDI spillovers in AI, RPA, and sectors like finance and healthcare.[4][5] Market forces favoring it include no-code trends, cloud marketplaces (AWS, Microsoft), and venture support (Atomico, EIB), strengthening EU/U.S. competitiveness in automation while enabling rapid scaling without heavy dilution.[1][4][5] It influences the ecosystem by democratizing AI-driven processes, redeploying workers to high-value tasks, and pushing competitors toward integrated intelligence over isolated robots.[1][3][4]
Automation Hero is poised to capitalize on AI augmentation and IPA expansion, with ongoing R&D (backed by EIB) enhancing modules for deeper financial services penetration and new industries like healthcare and energy.[4][5] Trends like generative AI, no-code proliferation, and enterprise digital sovereignty will accelerate its growth, potentially elevating its Mosaic Score from recent dips via larger deals and partnerships.[2][5] Its influence may evolve into a standard "intelligence fabric" for enterprises, blending human-AI workflows at scale, as it continues outpacing legacy RPA—reinforcing its role as a modern operating system builder from day one.[1][3]
Automation Hero has raised $20.0M across 2 funding rounds. Most recently, it raised $15.0M Series A in March 2019.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Mar 1, 2019 | $15M Series A | — | Atomico, Baidu Ventures, Blumberg Capital, Cherry Ventures, FJ Labs, Mouro Capital, ONE WAY Ventures, Piton Capital, Christian Vollmann, Michael Brehm | Announced |
| Apr 1, 2018 | $5M Seed | — | Baidu Ventures, ONE WAY Ventures | Announced |