← State of Embedded Finance 2026

Automat

Can AI agents replace brittle RPA programs for enterprise operations teams navigating legacy, API-less back-office systems?

Founded2023
HQSan Francisco, California, United States
Total raised$19M
Latest roundSeed, 2023
IndustryHorizontal SaaS / AI Automation
The story

Automat was founded in 2023 as a Chrome-based RPA tool powered by GPT-4 and computer vision, entering via Y Combinator. The company evolved from a general browser automation tool into an enterprise AI agent platform, with a visible focus on automating legacy insurance carrier portals, claims processing, and policy administration workflows — sectors where traditional RPA breaks down due to UI volatility. By 2026, having disclosed $19M in total funding and an OpenAI partnership, Automat is positioning itself as an AI-native alternative to brittle RPA for enterprise operations teams.

Last 12 months
2026-05
2026-05
Product timeline
2023
Founded and joined Y Combinator; built robotic process automation for Chrome using GPT-4 and computer vision.· pivot
2023
Raised Seed round led by Initialized Capital.· funding
2026
Announced $19M in total funding and a partnership with OpenAI; expanded AI agents to automate carrier portal operations, claims processing, and policy workflows for insurance operators.· pivot
The stack
Accounting gap: none