Jiffy.ai Series-A

This is the Jiffy.ai pitch deck to raise a $18m series-a round in 2020.

About

Jiffy.ai is a software company that offers AI-powered intelligent and integrated platforms for the modern-day digital enterprise. It helps businesses automate tasks through intelligent robots that can detect and adapt automated scenarios based on change.

Enterprise automation startup JIFFY.ai raised an $18 million Series A round led by Nexus Venture Partners in June.

JIFFY.ai is an AI-first platform focusing on the highly regulated fintech industry.

Its tech draws on robotic process automation (RPA), machine learning, and artificial intelligence to simplify process automation and app development for companies.

CEO Babu Sivadasan says the startup’s client base has grown 200% in the first half of 2020, as an increasing number of companies look to streamline their operations.

“[In] the second quarter, actually a lot of organizations started seriously looking at automation,” said Sivadasan. “Because the fundamental notion that you’re going to have people working in the office operating your infrastructure, operating your applications, that has been challenged.”

Since it was founded in 2018, JIFFY.ai has built a global team of 150 employees and over 30 clients. This includes Fortune 500 companies like Southwest Airlines, which use JIFFY.ai to automate a wide range of processes, from bookings to pilot timesheets.

The US-based startup was co-founded by a team of 20, largely former founders and C-suite executives to disrupt the growing automation market. Almost all companies will use RPA within the next five years, according to a survey by Deloitte.

Its majority stakeholder is the non-profit organization Paanini Foundation, which partners with the startup to retrain workers whose jobs are displaced by automation.

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