SAN FRANCISCO–(BUSINESS WIRE)–Fazeshift, an AI-native platform deploying autonomous agents to execute end-to-end accounts receivable workflows, today announced $17M in Series A funding, bringing total funding to $22M. The Series A was led by F-Prime, with participation from Gradient (Google’s early-stage AI fund), Y Combinator, Wayfinder, Pioneer Fund, Ritual Capital, and prominent angels. Already automating invoicing, collections, and reconciliation for enterprise finance teams, Fazeshift is using the funding to invest in product development, accelerate go-to-market, and scale adoption across organizations looking to modernize how financial work gets done.

As AI systems move beyond copilots into execution, finance teams are undergoing a structural shift. Manual work that once lived across spreadsheets, back-and-forth emails, and fragmented enterprise systems is now being executed by AI, with humans moving into roles that review, approve, and manage outcomes rather than performing the work itself.

Accounts receivable (AR) is one of the first major functions to see this shift at scale. Despite being critical to cash flow, AR remains highly manual at most companies, requiring large teams to manage invoicing, chase collections, match payments, and reconcile across disconnected tools. Rather than introducing another system of record, Fazeshift is building both the context and execution layer on top of existing systems.

“Finance teams are still spending days reconciling a single payment across hundreds of invoices, or logging into portals over and over just to check if something has been posted,” said Caitlin Leksana, CEO and Co-Founder of Fazeshift. “This is critical work that remains largely unsolved by software. Fazeshift changes that by operating these workflows directly with AI – starting with accounts receivable, and helping teams transition to an AI-native way of working.”

Fazeshift AI agents operate across ERP systems, CRMs, email, and payment platforms, bringing together the context required to run end-to-end workflows. Instead of triggering tasks or surfacing insights, the platform executes the work by handling invoice generation, payment reconciliation, customer communication, collections, and system updates automatically. Across customers, Fazeshift is already automating more than 90% of manual AR tasks.

Fazeshift has grown revenue 12X over the past year and now serves dozens of enterprise customers, including eight unicorn companies. Customers include Sigma Computing, Snyk, Meter, and Clipboard Health, alongside leading organizations such as one of the largest independent wholesale distributors in the Southeast, the world’s top e-commerce aggregator, and a global leader in music publishing. Across these customers, Fazeshift delivers millions in business value by using AI to reduce DSO, enabling companies to grow without adding headcount, and executing workflows at a scale beyond human capacity, including automating over 9,000 customer communications in a single day and helping collect $7.4 million in cash within weeks of deployment.

“Revenue operations sit at the heart of every business, yet Accounts Receivable remains one of the most manual and underserved areas in finance, even as other parts of the CFO stack have modernized,” said Rocio Wu, Partner at F-Prime. “The first wave of AR software relied on rigid, rule-based systems that still required so much manual intervention. With the rapid advancements in LLM and agent capabilities, Fazeshift is going after a massive, largely untapped opportunity with true automation thanks to its context and action layer that transforms financial workflows.”

Accounts Receivable is just the beginning. Fazeshift’s long-term vision is to expand into a broader CFO Suite, building toward a future of autonomous finance where core operational work is executed by AI and human teams focus on agent management, strategic work, and governance.

About Fazeshift

Fazeshift is an AI agent platform for finance operations, starting with accounts receivable. The company automates workflows such as invoicing, payment reconciliation, and collections across the tools finance teams already use. By replacing manual execution with AI-driven workflows, Fazeshift helps companies improve cash flow, reduce operational overhead, and modernize the office of the CFO. The company is backed by F-Prime, Gradient (Google’s early-stage AI fund), and Y Combinator. Learn more at https://fazeshift.com.

About F-Prime

F-Prime is a global venture capital firm investing in technology and healthcare. In technology, we focus on AI, fintech, and frontier tech; while we’re early-stage investors by choice, we’ll back exceptional teams at any stage. F-Prime has over 5.3 billion dollars under management and a global portfolio of more than 400 companies.

F-Prime is headquartered in Cambridge, MA, with offices in London, UK and San Francisco, CA. For more information, visit https://fprimecapital.com.

Contacts

Media Contact
onboard@sbscomms.com

(c)2026 Business Wire, Inc., All rights reserved.