Fazeshift
AI-powered accounts receivable automation
About
Fazeshift is an intelligent, autonomous platform for financial operations startup founded around 2020 focused on automating the accounts receivable process using AI agents. The company leverages artificial intelligence to autonomously handle finance operations related to billing and collections, drastically reducing manual labor and increasing efficiency for finance and accounting teams. Fazeshift's business model involves selling its AI-driven automation platform to B2B customers, primarily targeting finance departments in companies that want to optimize and modernize credit-to-cash workflows. They raised $17M in a Series A round led by F-Prime Capital with participation from Gradient Ventures and Y Combinator, signaling strong investor confidence in the growing niche of AI-led finance operations.
Products
-
Cash Application
— Automates high invoice volume processing and complex payment matching across company structures and naming differences.
Customer sectors: finance teams, accounts receivable, mid-market enterprises
-
Collections
— Automates sending statements, payment reminders, and managing communication pauses during customer payment discussions.
Customer sectors: collections teams, accounts receivable, finance departments
-
AI Contract Review
— Analyzes contracts, compares to billed amounts, and reverses review for usage-based or variable billing accuracy.
Customer sectors: finance teams, contract managers, billing departments
-
Billing Agent
— Converts sales contracts into subscriptions or invoices within billing systems like Stripe, NetSuite, and Sage Intacct.
Customer sectors: billing teams, finance operations, subscription businesses
-
Payment Portal
— Enables customers to view and pay invoices and update billing information via a frictionless self-serve process.
Customer sectors: accounts receivable, customer service, mid-market enterprises
Market research & competitive positioning
Source-backed TAM / SAM / SOM sizing, displacement analysis, and an interactive peer positioning map for Fazeshift — available to members.
Related Companies
Other startups in Vertical AI