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Story

Stuut raises $52.5M Series B for AI order-to-cash

AI summary

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.

In-depth insight

It shows agentic automation moving from organizing back-office work to executing it, with large enterprises already paying for it.

Stuut co-founders Tarek Alaruri, Adam Chaarwari and Ben Winter standing with arms crossed in front of a wooden bookshelf
Stuut founders, from left, Tarek Alaruri, Adam Chaarwari and Ben Winter Credit: Stuut
Image Credits
Stuut founders, from left, Tarek Alaruri, Adam Chaarwari and Ben Winter Credit: Stuut

Businesses worldwide have $16 trillion locked up in unpaid receivables. Stuut, the AI platform that runs order-to-cash for the world’s enterprises, is going after it.

In a world where all finance software looks and behaves the same, Stuut offers customers the ability to automate 100% of their work. It runs the entire order-to-cash process. It moves dollars through collections, cash application, payments, disputes, and deductions. Stuut’s customers are freeing up to 40% more cash flow, with a 47% reduction in DSO.

#Stuut#Insight Partners#Andreessen Horowitz#M12#Honeywell#ZoomInfo#PerkinElmer#Fiserv#EY#Bishop Lifting#Verifone

Original · 7 min readRead the original
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