About
HighRadius provides AI-powered order-to-cash and treasury automation. Valued at $3.1B after $300M Series C from Tiger Global and D1 Capital. Serves 600+ customers including 200+ Fortune 1000 and Forbes Global 2000 companies. Processes $2.23T+ in annual receivables. 2024 Gartner Magic Quadrant Leader (3rd year). Forbes Cloud 100 (5th consecutive year). 1,000-5,000 employees. Acquired Cforia in Feb 2024.
Key Facts
- [1]Founded: Founded in 2006 in Houston, United States.
- [2]Funding: Total funding: $484M. Last round: Feb 2020. Stage: Late Stage.
- [3]Customers: Key customers include P&G, Sanofi, Uber.
- [4]Employees: Employee count: 5,000+.
- [5]Website: Official website: highradius.com.
- [6]AI Technology: Core AI/ML technologies: LLM / NLP.
- [7]Region: Region: Americas (United States).
Founder
Sashi Narahari
Founder & CEO
Key Customers & Partners
AI Technology
LLM / NLP
Large language models for NLP, chat, document understanding, and text generation
Classification
Market Segments
Tech Stack Layers
Details
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Frequently Asked Questions
What is Highradius?
HighRadius provides AI-powered order-to-cash and treasury automation. Valued at $3.1B after $300M Series C from Tiger Global and D1 Capital. Serves 600+ customers including 200+ Fortune 1000 and Forbes Global 2000 companies. Processes $2.23T+ in annual receivables. 2024 Gartner Magic Quadrant Leader (3rd year). Forbes Cloud 100 (5th consecutive year). 1,000-5,000 employees. Acquired Cforia in Feb 2024. Highradius is classified in the Enterprise Finance segment at the Automation layer of the financial AI stack.
Who founded Highradius?
Highradius was founded by Sashi Narahari (Founder & CEO) in 2006 in Houston, United States. The company has been operating for 20 years.
How much funding has Highradius raised?
Highradius has raised $484M in total funding, placing the company at the Late Stage stage. The most recent round closed in Feb 2020. Among 79 funded Enterprise Finance companies, Highradius ranks #10 by total capital raised. (Source: AIFI Map directory.)
What AI technology does Highradius use?
Highradius primarily leverages LLM / NLP technology. Large language models for NLP, chat, document understanding, and text generation. Within the Enterprise Finance segment, 17 companies use this technology.
What market segment does Highradius operate in?
Highradius operates in the Enterprise Finance and Banking & Payments market segments. AI enterprise finance companies are automating and enhancing the financial operations of businesses — from accounting and treasury management to financial planning, analysis, and corporate finance. The company also has a footprint in banking & payments, reflecting its cross-functional approach to financial AI.
Where is Highradius headquartered?
Highradius is headquartered in Houston, United States. The company operates in the Americas region. The team consists of 5,000+ employees. United States is home to 324 financial AI companies tracked by AIFI Map.
Who are Highradius's competitors?
Companies similar to Highradius in the Enterprise Finance space include Greenlite ($20M raised), Trumid ($722M raised), Pibit.ai ($8M raised), Puzzle ($67M raised), Pilot ($222M raised). These companies operate in related areas of financial AI: Greenlite focuses on ai agents that accelerate aml reviews. Trumid focuses on ai-powered fixed income trading platform. Pibit.ai focuses on agentic underwriting platform for carriers. (Based on AIFI Map classification data.)
What products does Highradius offer?
Highradius builds automation-layer solutions for the financial services industry. The company's core offering: AI treasury and receivables platform. The platform is powered by LLM / NLP technology. Notable users include P&G, Sanofi, Uber.