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- Stuut raises $52.5M Series B for AI order-to-cash
Stuut, an AI platform that automates enterprise order-to-cash, raised a $52.5 million Series B led by Insight Partners with participation from Andreessen Horowitz and Microsoft's M12, bringing total funding to $93 million. The company says it has 150+ customers, including Honeywell, ZoomInfo and PerkinElmer, and that more than $3 billion has moved through the platform. Stuut claims its AI agents handle collections, cash application, payments, disputes and deductions, and that customers free up as much as 40% more cash flow with a 47% reduction in DSO.
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