This Chilean robotic process automation startup raises US $ 2.1 million with the participation of Mexican investors


Rocketbot will use much of its second round of funding prior to Series A to expand the platform globally. The immediate goal is to open offices in Brazil, the United States and Europe and to expand further in Mexico.

May 31, 2021 4 min read

This article was translated using AI technologies from our Spanish edition. Errors can occur due to this process.

From a small initiative by two partners who caught the attention of Google to become one of the world's most important RPA (Robotic Process Automation) tools, the Chilean startup Rocketbot managed to achieve this in less than three years. Now that explosive move has been further consolidated for the company after investing in the Pre Series A round for $ 2.1 million.

Much of the investment corresponds to Grupo Consorcio - a leading financial services company and the largest insurance group in the Chilean market with a presence in insurance, banking, prevention and savings - which has agreed to invest in Rocketbot, a platform Active companies can create their own process automation bots and already have more than 200 customers in the region.

In addition to Consorcio and VC Manutara Ventures, Rocketbot has received capital from two Mexican companies - Compusoluciones and the regional venture capital company and administrator of the Carabela fund, Angel Ventures Guadalajara. The contribution of these companies will allow the Chilean startup to grow not only in the Mexican market but globally as the immediate goal of these funds is to open physical offices in Brazil, Europe and the United States to develop tools to facilitate the development of tools Consolidation in Mexico.

Rocketbot CEO Juan Jorge Herrera stated: “This capital increase is taking place in the midst of a quest to expand operations on different continents. We are a highly competitive instrument that continues to pursue the goal of positioning itself globally and entering into alliances with global brands and large regional partners. In addition, this capital will seek to continue the tool's development, strengthen cybersecurity and integrate new functions related to artificial intelligence and automation in various industries. "

For his part, Javier Sánchez of Angel Ventures reiterates the purpose of giving Mexican businesses - and the region - a digital boost through friendly technologies like Rocketbot. "Mexican companies have great potential and need to use technology to increase their productivity. We believe that Rocketbot's solution through a world-class team is the best option."

This-Chilean-robotic-process-automation-startup-raises-US-21.jpg

David Cuello, Co-Founder and CTO of Rocketbot, Juan Jorge Herrera, CEO of Rocketbot, and Rafael Fuentes, Co-Founder and CCO of Rocketbot.
Photo: Courtesy

Meanwhile, Andrés Medina de Compusoluciones emphasized: “In Rocketbot we have found a great alternative to carry out the digital transformation of companies through an easy-to-implement technology like RPA. In addition, the tools developed by Rocketbot are very well adapted to companies in different segments, so that we can expand our presence in the region according to a model very similar to ours. "

Perfecting the Rocketbot

Rocketbot recently partnered with Google to incorporate AI into their bots so they can digitize scanned, photographed, or handcrafted documents. In addition, Gartner, the world's most recognized technology consultancy, named it the second best RPA platform in the world for medium-sized businesses late last year (up to $ 1 billion in annual revenue).

“We don't envision a technological revolution like robot automation without this being a democratization process. This is why we are committed to the globalization of Rocketbot, a tool that makes RPA a simple and fun process, whether you are a large company or an SME, ”said the startup's co-founder and commercial director, Rafael Fuentes.

https://dailytechnonewsllc.com/this-chilean-robotic-process-automation-startup-raises-us-2-1-million-with-the-participation-of-mexican-investors/

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