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.
Retail Headwinds Created a Perfect Storm
Retailers know the pain of chasing customers, logging into payment portals, and manually matching payments, which can cost up to 5% of EBITDA every year. For brands and sellers managing large customer lists, complex volumes, and fast inventory turns, the inefficiencies add up quickly. Even with years of digital transformation, most AR solutions still leave humans doing the heavy lifting, acting as little more than glorified workarounds.
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AI That Works For…
Retailers—Not Just With Them Stuut calls itself “the AI coworker that knows every customer across your entire cash process, helping businesses collect 40% more revenue on time.” Unlike legacy receivables software requiring months to launch and non-stop human input, Stuut’s platform executes full AR workflows solo, integrating cleanly with leading ERPs in less than a week. “The technology to actually automate this work didn’t exist 18 months ago when we started Stuut,” said Tarek Alaruri, CEO and co-founder.
“We can now handle exceptions and complexity, learn from each interaction, work across disconnected systems, and execute tasks end-to-end. Previous solutions help humans click buttons faster.
We eliminate the clicking entirely and are helping brands collect millions more in previously lost revenue.” What Retailers Get With Stuut Actually Does the Work: Stuut’s AI autonomously manages customer outreach, payment matching, dispute resolution, and even portal logins—and learns each customer’s habits across every channel, from SMS to voice to email. Knows Each Customer: Context follows every sales interaction, letting Stuut recognize patterns, resolve credits/disputes, and get…
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