Houston based HighRadius, a fintech SAAS startup which leverages Artificial Intelligence based autonomous systems to help companies automate accounts receivable and treasury processes, raised $300 million in a Series C funding round led by D1 Capital Partners and Tiger Global Management, and witnessed participation of existing investors inlcuding ICONIQ Growth, Susquehanna Growth Equity and a host of tech CEOs. The current round brings the total funding raised by the fintech startup to $475 million and values HighRadius at $3.1 billion which is almost 3x of its Series B valuation in 2020.
Founded in 2006 by Sashi Narahari, HighRadius provides AI-powered platforms for Order-to-Cash and Treasury Management to more than 600 clients, including more than 200 of the Forbes Global 2000, optimize their working capital.
