AI agent for Accounts Receivable automation
HQ: San Francisco, CA | Founded: 2023 | Employees: 25 | Stage: Series A | Website: https://fazeshift.com
Fazeshift is an AI agent for accounts receivable that automates the full AR cycle. The platform connects across existing software tools (QuickBooks, Stripe, NetSuite, DocuSign, HubSpot, Salesforce) and uses LLMs to automate invoicing, cash application, and collections. Founded in 2023 by Caitlin Leksana (CEO) and Timmy Galvin (CTO). Leksana was previously CEO of a crypto marketing automation startup selling to Square Enix and dYdX, served as a BCG consultant, and holds an MBA from Harvard Business School and a mechanical engineering background. Galvin holds two computer science degrees from MIT and an MBA from Harvard Business School. He served 7 years as a nuclear submarine officer in the US Navy, taught cybersecurity at the US Naval Academy, and holds a software patent. YC Summer 2024 batch. Raised $4M seed led by Gradient Ventures (Google's AI fund) with YC, Wayfinder, Pioneer Fund, Ritual Capital. Series A of $17M led by F-Prime Capital with all prior investors participating. 12x revenue growth in one year. Enterprise customers include 8 unicorns and a public company. HQ in San Francisco, CA.
Fazeshift has exceptional credentials: Harvard MBA founders, MIT/former nuclear submarine officer CTO, $22M from F-Prime and Gradient (Google's AI fund), 12x revenue growth, enterprise unicorn customers. The AR automation space is large and painful. Key risk: competing with incumbents (Bill.com, Yapstone) and ERP-native AR modules, plus other AI AR startups.
Browse: Home | Blog | About | All Startups A-Z | View full profile on StartupWiki