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Global Fintech Series

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Fazeshift Secures $4MM Seed Round Led by Gradient to Automate Accounts Receivable with AI

  • 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.

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