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Fazeshift Announces $22 Million Series A to Build the Future of Accounts Receivable

  • Writer: Karan Bhatia
    Karan Bhatia
  • 7 hours ago
  • 1 min read

Fazeshift, your AI agents for accounts receivable, led by Caitlin Leksana, Timmy Galvin, and the team, has announced Series A, bringing the total funding to $22 million.


The Problem Fazeshift is Solving


Accounts receivable remains one of the most manual and fragmented workflows in modern businesses, spread across spreadsheets, email threads, and disconnected systems. This slows payments, restricts working capital, and forces finance teams to focus on collections rather than strategic operations.


Fazeshift addresses this with an AI-native platform that automates and scales AR workflows, enabling finance teams to improve efficiency, gain operational clarity, and accelerate cash flow.


Since 2024, Fazeshift has scaled rapidly, achieving 12× revenue growth, expanding from 2 to 26 employees, and opening offices in San Francisco and New York. The platform is now used by eight unicorn companies to manage accounts receivable workflows.


These milestones reflect growing customer trust in Fazeshift’s ability to modernize and automate how businesses get paid.

Menlo Times is a global media platform covering AI, Deeptech, Venture Capital, Fintech, Robotics, and Security through news, analysis, and insights from founders and operators.
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