Fazeshift, an AI agent for Accounts Receivable, has raised $4M in seed funding led by Gradient, Google’s early-stage AI fund.
The funding round also included investment from Y Combinator, Wayfinder, Pioneer Fund, Ritual Capital, Phoenix Fund, and prominent angels.
Fazeshift automates manual tasks in accounts receivable, such as reconciling payments and generating invoices, using AI agents.
The AI agents, powered by specialized technology, streamline AR processes, provide customization and visibility to finance teams, and have been successfully adopted by several large enterprises.