Hyphenate Lands $45M Series A to Scale AI Agents for Corporate Finance

Autonomous finance startup Hyphenate has raised $45 million in a Series A funding round led by Nexus Venture Partners, bringing its total raised to $54 million as it expands AI agent capabilities across enterprise accounting and treasury operations. The New York-based company, founded by former Microsoft finance-transformation executives Ramnandan Krishnamurthy and Ajay Krishna Amudan, operates reinforcement-learning-driven agents that automate workflows in order-to-cash, procure-to-pay, general ledger accounting, treasury, and reporting—without requiring data migration from customers' existing enterprise resource planning systems.