Announcing Our Series A: $22M to Build the Future of Accounts Receivable

Today, we're thrilled to announce Fazeshift's Series A, bringing our total funding to $22M.

The problem we're solving

Accounts receivable remains one of the most manual, painful workflows inside modern companies. It lives in spreadsheets, scattered email threads, and disconnected systems. It slows down how businesses get paid, ties up working capital, and forces finance teams to spend their time chasing invoices instead of driving strategy.

That's exactly why we built Fazeshift: an AI-native platform that automates and scales AR, helping finance teams move faster, operate with clarity, and unlock cash flow.

What we've built since 2024

Since we kicked things off, the team has executed relentlessly. A few highlights:

• 12x revenue growth
• 8 unicorns now running their AR on Fazeshift
• Team grew from 2 to 26
• Opened our San Francisco HQ and New York office

Every one of those numbers reflects something more important: customers trusting us with how their business gets paid, and a team showing up every day to earn that trust.

Thank you

This milestone is really a reflection of the people behind it.

To our investors — F-Prime, Gradient Ventures, Y Combinator, Pioneer Fund, Phoenix Fund, Wayfinder, Ritual Capital, 2048 Ventures, The Graduate Syndicate, Vulcan Partners, and incredible angels including Sandor, Kulveer Taggar, Rich Aberman, Terrence Rohan, Rob Biederman, and Mike MacCombie — thank you for your belief and partnership.

To our customers — thank you for trusting us with something so critical. You're trusting us with how your business gets paid, and we don't take that lightly.

And to Timmy and the entire Fazeshift team — it's an absolute privilege to build alongside you.

What's next

We're just getting started. This raise isn't the finish line — it's fuel.

If you're a finance leader tired of chasing invoices through spreadsheets and email threads, we'd love to show you what AR can look like when it's built AI-native from the ground up.

Let's go do this thing.

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