
Startup
Fazeshift
AI agents that run accounts receivable end to end for enterprise finance teams, from invoice follow-up to cash application, drawing on the company’s existing ERP, CRM and billing systems.
| Founded | 2024, San Francisco |
|---|---|
| Founders | Caitlin Leksana (CEO), Timmy Galvin (CTO) |
| Stage | Series A |
| Total funding | $22m |
| Last round | Series A, $17m, May 2026, with F-Prime, Gradient (Google), Y Combinator, Wayfinder, Pioneer Fund and Ritual Capital; strategic investment from Amex Ventures |
| What it does | Eight AI agents for cash application, collections, contract review, billing, payment portal, credit, payment disputes and onboarding, working inside NetSuite, Salesforce, Sage Intacct, SAP, Stripe and the billing stack |
| Traction | Dozens of enterprise customers including eight unicorns; revenue up 12x in a year; a Harvard Business School case study |
| Pricing | Not published |
| Markets | US |
| Peers | Stuut, Monk, Tesorio, HighRadius, Growfin |
Funding
- Announced rounds
- US$21m in two rounds
- Latest round
- Series A, US$17m, May 2026, led by F-Prime Capital
Why it matters
Fazeshift raised $17 million in May 2026 after growing revenue twelvefold in a year, one of three AI receivables companies to raise in 2026 alongside Stuut and Monk. Collections is turning out to be the finance task companies are most willing to hand to agents.
Part of Accountio’s accounting technology coverage.
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