Enterprises grappling with slow payments and inefficient accounts receivable now have more backing for an AI-driven solution. Fazeshift, a platform designed to automate invoicing, cash application, and collections, has secured $17.0M in Series A funding.
The investment round saw participation from F-Prime, Gradient, Y Combinator, Wayfinder Ventures, Pioneer Fund, and Ritual Capital. Fazeshift aims to transform AR management from a bottleneck into a growth driver, improving efficiency, reducing errors, and accelerating revenue cycles for its large business clients.
