USA – JIFFY.ai, a Palo Alto, CA-based automation and no-code app development platform for global enterprise companies with a focus on finance and operations, raised $18M in Series A funding.
The round was led by Nexus Venture Partners with participation from Rebright Partners, W250 Venture Fund (founded by alumni of the Stanford Executive Program) and a number of C-level business leaders led by Sri Viswanath (CTO of Atlassian: TEAM), Richard Galanti (CFO of Costco: COST), Charles Goldman (CEO Assetmark: AMK), Tony Thomas (former CIO Nissan Motors: NSANY), Jim Brady (former COO Grant Thornton) and Bob Ward (former COO Sungard Wealth and Retirement). The new funding will be used to grow the team further and scale its product roadmap and existing customer base which already comprises Fortune and Global 1000 companies. Launched in 2018 as the go-to-market brand from its parent company, Paanini Inc., by Babu Sivadasan, CEO, JIFFY.ai is a unified enterprise automation innovation company serving enterprises to optimize business functions, focused on finance and operations. Over the last eighteen months, the company has built a team of 150 global employees with expertise in AI, Natural Language Processing, Fintech and automation, and a customer base of over 20 enterprises including Fortune and Global 1000 companies, big four consulting firms and others. 11/06/2020
