About
Tesorio is an AI-powered cash flow and AR automation platform. Raised $17M Series B led by BAMCAP Ventures. Orchestrated $80B+ in receivables. Customers include Box, Veeva, Slack, WP Engine, Instructure. Slack scaled to thousands of customers with just 2 collections staff using Tesorio. 33-day DSO reductions, 3x collections productivity reported. Founded 2013 in SF by Carlos Vega and Fabio Fleitas.
Key Facts
- [1]Funding: Total funding: $38M. Last round: Sep 2019. Stage: Growth.
- [2]Employees: Employee count: 51-200.
- [3]Website: Official website: tesorio.com.
- [4]AI Technology: Core AI/ML technologies: Predictive ML.
- [5]Region: Region: Americas (United States).
Founders
Carlos Vega
Co-founder & CEO
Fabio Fleitas
Co-founder & CTO
AI Technology
Predictive ML
Traditional ML algorithms for classification, regression, and scoring models
Classification
Market Segments
Tech Stack Layers
Details
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Frequently Asked Questions
What is Tesorio?
Tesorio is an AI-powered cash flow and AR automation platform. Raised $17M Series B led by BAMCAP Ventures. Orchestrated $80B+ in receivables. Customers include Box, Veeva, Slack, WP Engine, Instructure. Slack scaled to thousands of customers with just 2 collections staff using Tesorio. 33-day DSO reductions, 3x collections productivity reported. Founded 2013 in SF by Carlos Vega and Fabio Fleitas. Tesorio is classified in the Enterprise Finance segment at the Applications layer of the financial AI stack.
Who founded Tesorio?
Tesorio was founded by Carlos Vega (Co-founder & CEO) and Fabio Fleitas (Co-founder & CTO).
How much funding has Tesorio raised?
Tesorio has raised $38M in total funding, placing the company at the Growth stage. The most recent round closed in Sep 2019. Among 79 funded Enterprise Finance companies, Tesorio ranks #53 by total capital raised. (Source: AIFI Map directory.)
What AI technology does Tesorio use?
Tesorio primarily leverages Predictive ML technology. Traditional ML algorithms for classification, regression, and scoring models. Within the Enterprise Finance segment, 58 companies use this technology.
What market segment does Tesorio operate in?
Tesorio operates in the Enterprise Finance market segment. 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.
Who are Tesorio's competitors?
Companies similar to Tesorio in the Enterprise Finance space include Unit21 ($92M raised), Kaaj ($4M raised), Lendbuzz ($310M raised), Ramp ($2.3B raised), Brex ($1.5B raised). These companies operate in related areas of financial AI: Unit21 focuses on ai-powered fraud and aml platform. Kaaj focuses on agentic ai for small-business lending automation. Lendbuzz focuses on ai auto financing for underserved populations. (Based on AIFI Map classification data.)
What products does Tesorio offer?
Tesorio builds applications-layer solutions for the financial services industry. The company's core offering: AI accounts receivable platform. The platform is powered by Predictive ML technology.