HighRadius builds AI-powered autonomous finance systems that automate core receivables and treasury workflows cash application, credit risk, collections, deductions and intercompany settlement. The platform blends machine learning models, connector frameworks, and finance orchestration tools to reduce manual effort, improve forecasting accuracy, and accelerate working capital conversion. Serving multinational corporations, HighRadius emphasizes scalable deployment, ERP integrations (SAP/Oracle), and vertical-tailored solutions to optimize the end-to-end finance lifecycle and enable finance teams to operate with higher velocity and precision.
What Is HighRadius and What Does It Do?
HighRadius, founded in 2006 by Sashi Narahari, is a Houston–based (United States) finance & accounting tech company that provides autonomous accounts-receivable and treasury automation software for large enterprises.
The company employs 1,001-5,000 people and combines AI models with ERP integrations to automate proceeds reconciliation, credit decisioning, and collections orchestration delivering improved DSO, fewer exceptions, and enhanced cash visibility for corporate finance teams.
How Much Funding Has HighRadius Raised?
1. Series C
- Amount Raised: $300M
- Date: March 2021
- Lead Investors: Tiger Global Management, Susquehanna Growth Equity, Iconiq Capital, D1 Capital Partners
- Motivation: Scale product, international expansion, and enterprise sales.
2. Series B
- Amount Raised: $125M
- Date: December 18, 2019
- Lead Investors: Iconiq Capital, Susquehanna Growth Equity, Citi Ventures
- Motivation: Accelerate growth and build AI capabilities.
Total Funding Raised: $484M
Current Valuation: $3.1B (as of Mar 30, 2021)
Latest Funding Date: March 30, 2021
Key Investors
1. Tiger Global Management
- Details: Growth investor with significant SaaS allocations.
- Investment Focus Areas: Cloud, fintech, enterprise software.
- Notable Investments: Datadog, Stripe, HighRadius.
2. Iconiq Capital
- Details: Growth investor linked to tech founders and companies.
- Investment Focus Areas: Enterprise SaaS and fintech.
- Notable Investments: Snowflake, Databricks (examples).
Where Is HighRadius’s Headquarters?
HighRadius is headquartered in Houston, United States, with offices and delivery centers supporting global enterprise clients.
What’s Next for HighRadius?
HighRadius will continue productizing autonomous finance use cases, deepen ERP-native integrations, expand industry-specific models, and pursue strategic partnerships to embed finance automation across the procure-to-pay and order-to-cash lifecycle.
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