Fazeshift Raises $4M in Seed Funding to Automate Accounts Receivable with AI

Fazeshift is transforming how companies manage accounts receivable with its innovative AI solution.

Fazeshift Raises $4M in Seed Funding to Automate Accounts Receivable with AI
Source: Fazeshift

Company Name: Fazeshift
Location: San Francisco, CA
Industry: AI-Powered Accounts Receivable Automation

Funding Details:

Amount: $4M (Seed)
Investors: Gradient (Lead), Y Combinator, Wayfinder, Pioneer Fund, Ritual Capital, Phoenix Fund, and angels including Terrence Rohan, Kulveer Taggar, and Rich Aberman

Purpose of Investment:
The funds will support Fazeshift’s operational expansion and further development of its AI-driven platform.

Leadership:
Co-Founder and CEO:
Caitlin Leksana
Co-Founder and CTO: Timmy Galvin

Product:
Fazeshift’s AI agent automates the entire accounts receivable process, seamlessly integrating with existing tools to help businesses:

  • Save Time and Reduce Costs: Streamlining accounts receivable operations.
  • Improve Cash Flow: Enhancing the efficiency of payment collection.

About the Company:
Fazeshift is transforming how companies manage accounts receivable with its innovative AI solution. Already collaborating with several large enterprise customers, the platform empowers organizations to optimize financial operations, ensuring faster payments and better financial management.

With its latest funding and growing traction, Fazeshift is positioned to lead the next wave of automation in financial operations.