5/17/2023 0 Comments Iconiq capital careers![]() To learn more, please visit About ICONIQ Capital Powered by the Rivana™ Artificial Intelligence Engine and Freeda™ Digital Assistant for order-to-cash teams, HighRadius enables teams to leverage machine learning to predict future outcomes and automate routine labor-intensive tasks. ![]() HighRadius® Treasury Management Applications help teams achieve touchless cash management, accurate cash forecasting and seamless bank reconciliation. The HighRadius® Integrated Receivables platform reduces cycle times in your order-to-cash process through automation of receivables and payments processes across credit, electronic billing and payment processing, cash application, deductions, and collections. HighRadius is a fintech enterprise SaaS which automates Accounts Receivable and Treasury processes with AI-based Autonomous Systems. HighRadius was advised by Atlas Technology Group for this transaction. HighRadius fits squarely into our commitment to invest in best-in-class, long-term technology businesses driven by incredible teams, and we look forward to working alongside Sashi and the rest of the HighRadius team through their next phase of growth.” The HighRadius platform is game-changing for CFOs and finance departments, and the company has earned tremendous customer loyalty by enabling receivables and treasury teams to perform more efficiently and effectively, and by delivering mission-critical ROI. “As we have seen in many of our portfolio companies and past investments, including BlackLine and Coupa, digital transformation is increasingly a CFO priority. “We’re thrilled to support HighRadius’ efforts to bring innovative AI capabilities to the financial side of the enterprise,” said Will Griffith, Partner at ICONIQ Capital. We are building HighRadius into a self-sustaining, long-term category leader, and ICONIQ is a great partner for us in this journey.” ICONIQ combines patient capital with a long-term vision of investing in category-defining businesses, and the firm has worked with some of the world’s most successful tech entrepreneurs. Sashi Narahari, Founder and CEO of HighRadius, said: “Today marks an important milestone for HighRadius and we’re thrilled to have ICONIQ join us in our vision to modernize the Order to Cash space. ![]() AI-powered cash forecasting to fundamentally shift treasurers away from sub-optimal financing decisions made due to a lack of confidence in current excel-based heuristic models.Autonomous Receivables, an industry-first enterprise software - with a touch and voice user interface powered by the Freeda Digital Assistant - that brings the first ‘human + machine’ real-time interaction experience to corporate users.Rivana AI engine with machine learning algorithms trained on over $1 trillion in receivables per annum to automate routine tasks and provide insights such as predicting invoice payment dates.The HighRadius integrated platform for accounts receivables and treasury management leverages native AI capabilities to help companies optimize working capital. HighRadius is headquartered in Houston, Texas and is trusted by more than 400 clients including more than 200 of the Forbes Global 2000. The new capital will be used to accelerate HighRadius’ continuing platform development and expansion of the company’s geographic reach. HOUSTON, TX - JanuHighRadius, the leader in Artificial Intelligence-powered Order-to-Cash and Treasury Management software has raised $125 million in a Series B growth funding round led by ICONIQ Capital, with participation from existing investors Susquehanna Growth Equity and Citi Ventures. ICONIQ Capital leads funding round backs HighRadius as market-leader in the next big Fintech category for the office of the CFO
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