Hyphenate raises $45M Series A led by Nexus Venture Partners to build AI agents automating financial processes for enterprise finance teams.
Amount Raised
$45 Million
Round Type
Series A
New YorkFinancial ServicesSoftwareArtificial IntelligenceFinanceFintechLendingSaaSInvestors
Description
Hyphenate, a New York-based AI finance platform formerly known as Maximor, has closed a $45 million Series A round led by Nexus Venture Partners. The company, founded by Microsoft veterans Ramnandan Krishnamurthy and Ajay Krishna Amudan, was rebranded in early October 2026. Hyphenate's AI agents automate financial workflows including order-to-cash, procure-to-pay, and general ledger reconciliation by integrating with existing ERP and banking systems. This round brings total capital raised to $54 million since the company's 2024 launch.
Quick answer
Hyphenate raised $45 Million in a Series A round, dated October 27, 2026. Investors: Nexus Venture Partners. Hyphenate is based in New York, New York, United States.
- How much did Hyphenate raise?
- Hyphenate raised $45 Million in a Series A round on October 27, 2026.
- Who invested in Hyphenate?
- Nexus Venture Partners is named as investors in this round.
- What does Hyphenate do?
- Hyphenate is an AI finance agent platform that automates financial processes for enterprises by operating on top of existing systems like ERPs, banks, and payroll.
- Where is Hyphenate based and how big is it?
- Hyphenate is based in New York, New York, United States. Fundz records about 42 employees.
Source: Fundz verified event record.
Who else raised in Financial Services and Finance around the same time
Companies in the same sectors as Hyphenate that raised within 45 days of this round, from Fundz verified event records.
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Funding Insights
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