Bluecopa Raises $1.8 Mn In Pre-Series A Round Led By Blume Ventures, DVC,Venture Catalysts

An artificial intelligence (AI) powered finance operations (FinOps) automation platform Bluecopa, raised USD 1.8 million in a pre-Series A round led by Blume Ventures, Dallas Venture Capital, and Venture Catalysts. 

The fresh capital infusion will be utilised to expand market reach, enhance AI capabilities, and advance product development.

"FinOps automation is a massive opportunity globally. We are excited to partner with some of the leading VCs to drive Bluecopa's growth. This funding will fuel our mission to deliver exceptional value to our customers," said Satya Prakash, co-founder & chief executive officer(CEO).

FinOps is a USD 40 billion-plus market globally. Since its inception in 2021, Bluecopa has made a mark in the FinOps space by offering a comprehensive solution for modern finance teams. The cloud-native platform, powered by AI, provides a unified solution for finance teams, streamlining operations and improving efficiency.

Apoorva Ranjan Sharma, Co-founder, Venture Catalysts stated, “Finance Operations Automation is the need of the hour as many Finance Leaders across the globe look to transform into Strategic Finance function. Bluecopa team has shown their expertise in solving this transformation at scale.”

Bluecopa solution said that it provides value to finance leaders from major industries like eCommerce, Financial Services, travel, logistics, and gaming. The company has added several prominent customers in the last 12 months. It harnessed the power of data intelligence and automation. Bluecopa is poised to set a new standard for financial operations.