{"id":14438,"date":"2019-03-13T17:33:10","date_gmt":"2019-03-13T17:33:10","guid":{"rendered":"https:\/\/rsoftsolution.com\/blog\/automation-hero-picks-up-14-5-million-led-by-atomico.html"},"modified":"2019-03-13T17:33:10","modified_gmt":"2019-03-13T17:33:10","slug":"automation-hero-picks-up-14-5-million-led-by-atomico","status":"publish","type":"post","link":"https:\/\/www.rbsitsoftwaresolution.in\/blog\/automation-hero-picks-up-14-5-million-led-by-atomico.html","title":{"rendered":"Automation Hero picks up $14.5 million led by Atomico"},"content":{"rendered":"

Automation Hero<\/a>, formerly SalesHero, has secured $14.5 million in new funding led by Atomico, with participation by Baidu Ventures and Cherry Ventures. As part of the deal, Atomico <\/a> principal Ben Blume will join the company\u2019s board of directors.<\/p>\n

The automation startup launched in 2017 as SalesHero, giving sales orgs a simple way to automate back-office processes like filing an expense report or updating the CRM. It does this through an AI assistant called Robin \u2014 \u201cBatman and Robin, it worked with the superhero theme, and it\u2019s gender neutral,\u201d co-founder and CEO Stefan Groschupf explained \u2014 that can be configured to go through the regular workflow and take care of repetitive tasks.<\/p>\n

\u201cWe brought computers into the workplace because we believed they could make us more productive,\u201d said Groschupf. \u201cBut in many companies, people spend a lot of time entering data and doing painful manual processes to make these machines happy.\u201d<\/p>\n

The idea was to give salespeople more time to actually do their job, which is selling to clients. If all the administrative and repetitive \u201cpaperwork\u201d is done by a computer, human employees can become more productive and efficient at skilled tasks.<\/p>\n

By weaving together click robots, Automation Hero <\/a> users can build out their own workflows through a no-code interface, tying together a wide variety of both structured and unstructured data sources. Those workflows are then presented in the inbox each morning by Robin, the AI assistant, and are executed as soon as the user gives the go-ahead.<\/p>\n

After launch, the team realized that other types of organizations, beyond sales departments, were building out automations. Insurance firms, in particular, were using the software to automate some of the repetitive tasks involved with filing and assessing claims.<\/p>\n

This led to today\u2019s rebrand to Automation Hero.<\/p>\n

Groschupf said that by automating the process of filling out a single closing form, it saved one insurance firm\u2019s 430 sales reps 18.46 years per year.<\/p>\n

Automation Hero has now raised a total of $19 million.<\/p>\n

\u201cWe\u2019re really excited with Atomico to bring on a great VC and good people,\u201d said Groschupf. \u201cI\u2019ve raised capital before and I\u2019ve worked with some of the more questionable VCs, as it turns out. We\u2019re super-excited we\u2019ve found an investor that really bakes important things, like a diversity policy and a family leave policy, right into the company\u2019s investment agreement.\u201d<\/p>\n

Though he didn\u2019t confirm, it\u2019s likely that Groschupf is referring to KPCB, which has run into its fair share of controversy<\/a> over the past few years and was an investor in Groschupf\u2019s previous startup, Datameer<\/a>.<\/p>\n

Article source: http:\/\/feedproxy.google.com\/~r\/techcrunchIt\/~3\/SpodqhQ8xhc\/<\/p>","protected":false},"excerpt":{"rendered":"

Automation Hero, formerly SalesHero, has secured $14.5 million in new funding led by Atomico, with participation by Baidu Ventures and Cherry Ventures. As part of the deal, Atomico principal Ben <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[19],"tags":[25],"class_list":["post-14438","post","type-post","status-publish","format-standard","hentry","category-enterprise-software","tag-enterprise"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t