Stuut Inc. has secured $52.5 million in a Series B funding round, bringing its total capital raised to $93 million. The round was led by Insight Partners, with participation from Andreessen Horowitz and Microsoft Corp.’s M12.
The startup utilizes AI agents to automate the order-to-cash process, integrating directly with existing enterprise resource planning and customer relationship management systems. The platform manages tasks ranging from order processing to dispute resolution.
Stuut reports that its system automatically matches over 95% of incoming payments and handles more than 81% of outbound collections without human intervention. This has enabled the company to reduce days sales outstanding for its customers by 47%.
The company has grown its client base more than fivefold over the past year, processing over $3 billion in payments. Its current list of more than 150 enterprise clients includes Verifone Inc., Bishop Lifting Products Inc., and ZoomInfo Technologies LLC.
With the new funding, Stuut plans to expand its financial infrastructure services, including credit scoring, lending, and automated fund movement, to manage end-to-end transaction processes for businesses.
