Mimica raises $6M in Series A round led by Khosla Ventures
Mimica recently raised $6 million in its Series A round of funding from Khosla Ventures. The company plans to utilise the newly raised capital to establish a sales team in the US and improve its product offerings.
Founded in 2017 by CEO Tuhin Chakraborty and CTO Raphael Holca-Lamarre, the company works on automating Robotic Process Automation (RPA). It’s first product offering, Mapper, operates in the sphere of “process discovery”, which “learns patterns from employee clicks and keystrokes.”
“RPA is the perfect beachhead for our tech because buyers experience so much pain after their purchases. It’s torture, digging for automation opportunities and building process maps by hand, and it’s unnecessary,” stated Chakraborty.
Commenting on the investment, Khosla Ventures founder Vinod Khosla stated, “We invested in Mimica because the founding team has a terrific combination of deep technical expertise in building AI systems, and a thorough understanding of the challenges faced by an enterprise when managing processes.”