HighRadius

HighRadius is a fintech enterprise Software-as-a-Service (SaaS) company specializing in automating the order-to-cash and treasury management processes.

HighRadius leverages Artificial Intelligence-based Autonomous Systems to help companies automate Accounts Receivable and Treasury processes.

HighRadius was founded in 2006 by Sashi Narahari. The company is headquartered in Houston, Texas, with offices in Hyderabad,Telangana, India; Amsterdam, The Netherlands and London, UK.

 

The HighRadius® Integrated Receivables platform reduces cycle times in your order-to-cash process through automation of receivables and payments processes across credit, electronic billing and payment processing, cash application, deductions, and collections.

 

HighRadius® Treasury Management Applications help teams achieve touchless cash management, accurate cash forecasting, and seamless bank reconciliation. Powered by the Rivana™ Artificial Intelligence Engine and Freeda™ Digital Assistant for order-to-cash teams, HighRadius enables teams to leverage machine learning to predict future outcomes and automate routine labor-intensive tasks.

 

The HighRadius AI-powered platforms for Order-to-Cash and Treasury Management help more than 600 clients, including more than 200 of the Forbes Global 2000. HighRadius was recently named to the Forbes Cloud 100 and identified as a Leader in both the Enterprise and the Mid-Market editions of the IDC MarketScape for Accounts Receivable Software.

 

HighRadius is backed by ICONIQ Capital, D1 Capital, Tiger Global, Susquehanna Growth Equity, Citi Ventures, PNC Financial Services Group and others. The company raised $300M in Series C round on Mar 30, 2021. This brings HighRadius' total funding to $475M to date. The Series C round valued the company at $3.1B post-money. HighRadius was previously valued at $1B from the Series B raised in Jan 2020.

 

 

  • Year founded: 2016
  • Funding Info: $475M over 4 Rounds (Latest Funding Type: Series C)
  • Yearly Revenue: $300M-$500M (2020)
  • Employee Size: 1,000-5,000
  • Business Valuation: Valued at $3.1B as of March 30, 2021
  • City/Town: Houston
  • State: Texas
  • Country: United States
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