JIFFY.ai
No-code intelligent automation platform targeting Fortune 500 financial services with $53M Series B funding and integrated RPA-IDP capabilities.
Overview
JIFFY.ai delivers cloud-native intelligent automation through its HyperApp platform, specifically targeting financial institutions and Fortune Global 500 enterprises. The Milpitas-based company secured $53 million in Series B funding led by Eight Roads Ventures in February 2022, positioning itself as a platform consolidator rather than a point-solution IDP vendor.
CEO Babu Sivadasan emphasized the company's mission to "help build autonomous enterprises of the future by applying artificial intelligence and automation to transform enterprise operations." This vision extends beyond traditional document processing toward comprehensive business process automation.
The company reports annual revenue of $25-50 million as of July 2025 with 51-200 employees, serving clients through partnerships with Big4 consulting firms. Recognized by Everest Group as a Major Contender in their 2021 Intelligent Document Processing PEAK Matrix™, JIFFY.ai advanced to 'Star Performer' status by 2023.
Key Features
- HyperApp Platform: No-code environment rated 5.0/5 by users combining IDP, RPA, NLP, and machine learning
- Intelligent Mailroom: Partnership product with Docupace launched Q2 2022 for wealth management automation
- Enterprise Architecture: Cloud-native deployment designed for Fortune Global 500 workloads
- OCR and Image Recognition: Technical capabilities rated 4.0/5 and 4.5/5 respectively with Ephesoft integration
- Multi-Platform Support: Web, Android, iPhone/iPad with API connectivity
Use Cases
Wealth Management Back-Office Automation
Through its Docupace partnership, JIFFY.ai targets the wealth management sector with specialized automation for clearing and custody operations. Sivadasan noted that "the financial services sector is poised to take advantage of a platform approach to intelligent automation" as firms invest in technology that "natively integrates the many technologies required to fully automate complex processes."
Mortgage Origination and Loan Processing
Financial institutions deploy the platform for end-to-end automation of mortgage workflows, extracting data from loan applications, income verification documents, and property appraisals. One leading financial institution reduced onboarding costs by over 30% using this solution.
Technical Specifications
| Feature | Specification |
|---|---|
| Core Platform | HyperApp |
| User Rating | 4.8/5 stars |
| Technology Stack | IDP, RPA, NLP, Machine Learning, AI |
| Deployment | Cloud-native, enterprise-grade |
| Development Approach | No-code/low-code (rated 5.0/5) |
| Starting Price | $1000/year |
| Integration | API-based connectivity, Ephesoft integration |
| Target Market | Fortune Global 500, financial services |
Resources
Company Information
Headquarters: Milpitas, California, United States
Funding: $53 million Series B (February 2022) led by Eight Roads Ventures
Revenue: $25-50 million annually (July 2025)
Recognition: Everest Group IDP PEAK Matrix™ Star Performer (2023)