LayerX uses AI to cut enterprise back-office workload, scores $100M in Series B

LayerX, a Japanese AI startup, has secured $100 million in Series B funding to help enterprises reduce their back-office workload. The company's AI-powered platform aims to automate and streamline various administrative tasks, such as data entry, document processing, and compliance management. The funding round was led by SoftBank Ventures Asia, with participation from existing investors, including Global Brain and Salesforce Ventures. The fresh capital will enable LayerX to expand its technology and customer base, as it seeks to address the growing demand for automation and efficiency in enterprise operations. LayerX's AI-driven solutions are designed to enhance productivity, reduce errors, and free up employees to focus on more strategic initiatives. The company claims its technology has already been adopted by various industries, including finance, healthcare, and manufacturing, with positive results in terms of cost savings and workflow optimization. The successful Series B funding round reflects the growing importance of AI-powered solutions in transforming back-office operations and improving overall business performance.