HOUSTON, TX, HighRadius raises $300M in a Series C round at a valuation of $3.1 Billion led by D1 Capital and Tiger Global.
HighRadius has raised $300M in a Series C round at a valuation of $3.1 Billion led by D1 Capital and Tiger Global. Other investors include ICONIQ Growth, Susquehanna Growth Equity, Frank Slootman, Michael Scarpelli, Tooey Courtemanche, and Howie Liu.
HighRadius is a Fintech enterprise Software-as-a-Service (SaaS) company. The HighRadius Integrated Receivables platform optimizes cash flow through automation of receivables and payments processes across credit, collections, cash application, deductions, electronic billing and payment processing. Powered by the Rivana Artificial Intelligence Engine and Freda Virtual Assistant for Credit-to-Cash, HighRadius Integrated Receivables enables teams to leverage machine learning for accurate decision making and future outcomes. The radiusOne B2B payment network allows suppliers to digitally connect with buyers, closing the loop from supplier receivable processes to buyer payable processes. HighRadius solutions have a proven track record of optimizing cash flow, reducing days sales outstanding (DSO) and bad debt, and increasing operational efficiency so that companies may achieve strong ROI in just a few months.
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