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Stuut Technologies Raises $29.5M to Propel Back-Office Automation

The AI platform autonomously transforms accounts receivable from manual work into automated cash generation

Stuut Technologies Raises $29.5M to Propel Back-Office Automation
NewsPayments

Stuut Technologies Raises $29.5M to Propel Back-Office Automation

Today, Stuut Technologies, the first AI platform to automate accounts receivable work end-to-end, announced a $29.5 million Series A raise led by Andreessen Horowitz, with additional backing from Activant Capital, Khosla Ventures, 1984.vc, Page One Ventures, Vesey Ventures, Carya Venture Partners, and Valley Ventures. The investment will expand Stuut’s capabilities for mid-market and enterprise businesses, accelerating the rollout of six key revenue functions: collections, payments, cash application, deductions, credits, and disputes.​

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