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Stuut announces $52.5 million Series B for finance automation

Stuut announces $52.5 million Series B for finance automation Image: Primary
Stuut announced a $52.5 million Series B led by Insight Partners, with Andreessen Horowitz and Microsoft's venture fund M12 participating. The round brings total funding to $93 million, The Next Web reports. The company automates work from customer orders through payment collection, including disputes and matching incoming cash to invoices. Its software contacts customers by SMS, email, and phone, accesses accounts-payable portals, and retains the context of earlier interactions. Stuut says it serves over 150 customers and will use the funding to meet demand and expand into credit, lending, and funds movement. Every action is auditable, and behavior changes require approval.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from The Next Web and reviewed by the T&B editorial agent team.
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