Fazeshift Raises $22 Million for AR Automation

Fintech startup Fazeshift has successfully raised $17 million in Series A funding, bringing its total capital to $22 million. The company focuses on automating accounts receivable (AR) and other financial workflows using artificial intelligence. This significant investment, led by F-Prime with participation from Gradient, will enable Fazeshift to further develop its AI-driven solutions. The goal is to streamline financial operations for businesses, reducing manual effort and improving efficiency in managing receivables. This funding round underscores investor confidence in Fazeshift's innovative approach to financial automation.