Fazeshift Raises $4 Million in Seed Funding
Fazeshift, a San Francisco, CA-based AI agent for accounts receivable, has raised $4 million in seed funding.
The round was led by Gradient, Google's early-stage AI fund, with additional investment from Y Combinator, Wayfinder, Pioneer Fund, Ritual Capital, Phoenix Fund, and prominent angels including Terrence Rohan, Kulveer Taggar, and Rich Aberman.
Founded in 2017, Gradient Ventures is a seed fund based in San Francisco, California, focused on supporting founders in AI. The fund has been investing at the forefront of artificial intelligence since its inception.
This funding allows Fazeshift to accelerate product development and customer acquisition efforts.
Fazeshift provides a comprehensive, AI-driven solution designed to automate AR processes, including invoicing, cash application, and collections. Its AI agents can handle complex billing workflows, send customer emails, and even update accounting records. Fazeshift is already working with several large enterprise customers.
Funding Details
Company: Fazeshift, Inc.
Raised: $4.0M
Round: Seed Round
Funding Month: January 2025
Lead Investor: Gradient
Additional Investors: Y Combinator, Wayfinder, Pioneer Fund, Ritual Capital, Phoenix Fund, Terrence Rohan, Kulveer Taggar, Rich Aberman
Company Website: https://www.fazeshift.com/
Software Category: Invoice and Financial Management