Automation Anywhere
Automation Anywhere is an AI-powered process automation platform provider offering RPA and intelligent document processing for enterprise automation at scale.
Overview
Founded in 2003 by Mihir Shukla, Neeti Mehta Shukla, Ankur Kothari, and Rushabh Parmani as Tethys Solutions (rebranded to Automation Anywhere in 2010), the company is headquartered in San Jose, California. With over 2,800 client firms globally and $1.049B in total funding, Automation Anywhere provides cloud-native automation solutions combining RPA, AI, and document processing. The company raised $840 million in Series A and B rounds between 2018-2019 at a $6.9 billion post-money valuation.
Key Features
- AI + Automation Enterprise System: Integrated platform with AI agents, process discovery, orchestration, document processing, and analytics
- Document Automation with 95%+ accuracy: AI agents automate 80% of document workflows with extraction accuracy exceeding 95%
- Multi-document format support: Processes structured, semi-structured, and unstructured documents including handwritten text (ICR)
- Pre-packaged use case libraries: Industry-specific automation templates for rapid deployment
- Python scripting integration: Custom logic development for specialized workflows
- Human-in-the-loop validation: Domain-specific validation with continuous AI learning
- Cloud-native architecture: Scalable platform with enterprise-grade security and governance
Use Cases
Banking Invoice Processing
Financial institutions deploy Automation Anywhere to automate accounts payable workflows. The platform classifies invoices, extracts line items and totals with 99% accuracy, validates data against purchase orders, and routes exceptions to human reviewers. The system learns from validation corrections to improve accuracy over time.
Healthcare Claims Automation
Healthcare providers use Automation Anywhere to process insurance claims and medical documentation. The IDP system extracts patient information, procedure codes, and billing data from forms and handwritten notes using ICR technology. Pre-processing improves image quality for scanned documents, while validation checks ensure compliance with healthcare regulations.
Manufacturing Purchase Order Processing
Manufacturing companies implement Automation Anywhere to handle supplier purchase orders across multiple formats. The platform extracts order details from emails, PDFs, and web portals, validates information against inventory systems, and automatically processes routine orders while flagging anomalies for review.
Technical Specifications
| Feature | Specification |
|---|---|
| Platform Type | Cloud-native automation with integrated IDP |
| AI Technology | NLP, computer vision, machine learning, generative AI |
| Document Types | Structured, semi-structured, unstructured, handwritten |
| Accuracy | Up to 99% with continuous learning |
| OCR/ICR | Intelligent character recognition for handwritten text |
| Processing Pipeline | Pre-processing, classification, extraction, validation, human-in-the-loop |
| Deployment | Cloud-native, scalable enterprise architecture |
| Customization | Python scripting support |
Resources
Company Information
San Jose, California, United States
Founded: 2003
CEO: Mihir Shukla (Co-founder)
Funding: $1.049B total ($840M Series A/B at $6.9B valuation)
Clients: 2,800+ firms globally
