Stuut raises $52.5M Series B to run order-to-cash with AI

Stuut founders, from left, Tarek Alaruri, Adam Chaarwari and Ben Winter Credit: Stuut Businesses worldwide have $16 trillion locked up in unpaid receivables. Stuut, the AI platform that runs order-to-cash for the world’s enterprises, is going after it. In a world where all finance software looks and behaves the same, Stuut offers customers the ability to automate 100% of their work. It runs the entire order-to-cash process.

It moves dollars through collections, cash application, payments, disputes, and deductions. Stuut’s customers are freeing up to 40% more cash flow, with a 47% reduction in DSO. The company’s Series A came just ten months ago. Now, amid overwhelming demand, it is announcing a $52.5 million Series B led by Insight Partners.

Andreessen Horowitz and M12, Microsoft’s Venture Fund, also participated, bringing its total funding to $93 million. The problem Stuut is solving Most customers want to pay. But a missing PO, bad order data, or an invoice sent to the wrong person triggers weeks of emails, portal work, and internal chasing. By the time an invoice is overdue, one small error can drag sales, finance, operations, and multiple systems into the mess.

At enterprise scale, getting paid turns into millions of tiny investigations consuming thousands of hours. The cost is enormous. Broken order-to-cash processes wipe out as much as 5% of a company’s revenue. Across the Fortune 500 alone, that is as much as $1 trillion a year. “Most businesses don’t have the bandwidth to segment their base or give customers the level of service they deserve,” said Tarek Alaruri, CEO of Stuut. “By leveraging AI, we’re able to deliver the only solution with continuous learning loops to improve the customer experience, reduce churn, improve NPS, and deliver better financial performance.” How Stuut works A missing PO can snowball into a rejected invoice, then a portal submission, then a short-pay or deduction.

Stuut follows that entire chain across thousands of invoices at once. It reaches customers worldwide via SMS, email, and call. It logs into AP portals, reconciles cash, and takes the next action without losing context. Every interaction makes Stuut harder to replace.

It builds a living memory of each customer: how they pay, which portals they use, what breaks and how it gets fixed. That memory compounds until Stuut disappears into the background. The work keeps moving without finance teams having to manage it. When they want visibility, they can ask what happened, why it happened and exactly what Stuut did to resolve it.

This is already happening at scale. 81.7% of outbound collections activity runs without human involvement, while 95% of incoming payments are matched automatically. Stuut now extends into credit and order management, catching issues upstream before they turn into payment problems. Importantly, enterprises don’t have to change how they work. Stuut instantly integrates into any ERP, bank account, CRM, and payment system, going live in days.

It’s configured to each company’s existing processes and controls. Every action is auditable, and any behavior change requires approval. Partners Stuut is also partnering with firms across working capital. The partnerships give enterprises a faster way to buy, deploy and scale the platform.

These include Fiserv, EY, Altamont, HIG, and more. “As enterprises look to modernize order-to-cash operations, we’re seeing increasing demand for solutions that combine AI, automation and payments expertise,” said Jackson McIntosh, SVP, Payments Value Added Services at Fiserv. “Together, Fiserv and Stuut are helping clients streamline receivables, improve cash flow visibility and operate more efficiently at scale.” “Order-to-cash performance has always been capped by capacity: how many accounts a team can work, how many disputes it can chase. Stuut’s autonomous execution removes that ceiling while holding to the controls a global enterprise requires. That’s where agentic AI moves from promise to freeing up cash,” said Shawn Ryan, Partner, US Working Capital Leader, EY-Parthenon. Traction Today, Stuut is used by over 150 customers, including Fortune 50 and Fortune 500 companies.

Its customer base has grown 5x since last year, and more than $3 billion has moved through the platform. Customers are aggressively pulling Stuut across more of the order-to-cash lifecycle. “Stuut gives our finance team the reach to handle thousands of invoices and entities worldwide, without asking us to change how we work. It fits naturally into our existing ERP, respects the controls and audit trails we’ve built, and gives us confidence that its AI solution can work inside those guardrails, not around them,” said Chris Dichiara, Chief Financial Officer at Verifone. “It also lets us simply ask the platform what happened and why. At our scale, that matters more than speed alone.

What we value most is trusting every action behind the work, not just seeing it get done.” Customer results The world’s largest companies are seeing similar results. Bishop Lifting has rolled Stuut across 45 branches for collections, disputes and cash application. It has cut overdue receivables by 35% and freed up $3 million in working capital. Accounts managed per employee have increased by 50%.

Honeywell runs Stuut on top of legacy SAP to reach the long tail of customer accounts. It is expanding the platform into quote-to-cash. At ZoomInfo, Stuut has collected $21.2 million and reduced time to first touch by more than 90%. “Stuut changed how we think about AR technology. We did not need another system to help our team manage the work.

We needed one that could take on more of it. A year in, Stuut automates much of our routine collections work, giving our team more time for accounts that need judgment,” said Blaine Browning, Controller & Vice President, Accounting at ZoomInfo. “Alongside other AR initiatives, Stuut contributed to DSO improving from 51 to 40 days, making the decision to renew for multiple years and expand into Disputes an easy one. What’s made this even more powerful is the data partnership we kicked off with Stuut, bringing ZoomInfo’s data and insights directly into the Stuut platform for their entire customer base. Pairing their automation with ZoomInfo data has been a force multiplier to our collection efforts.” The investor’s view “Many enterprises have more cash tied up in receivables than they realize.

A single invoice error can trigger weeks of follow-up across teams and systems, and at scale that adds up to real revenue left on the table,” said Julian Marcu, Vice President at Insight Partners and Board Member at Stuut. “Stuut has figured out how to use agents to execute that recovery process and match cash to invoices while fitting naturally within the controls, workflows, and systems finance teams already rely on. We’re proud to back Tarek and the team in this next phase of growth.” Why this matters now The work of getting paid is getting harder to do. Finance teams are handling more customers, more transactions and more systems. Meanwhile, more than 300,000 accountants have left the profession since 2019.

And for all the software built around order-to-cash, most of the actual work still falls to people. US businesses are carrying $7.2 trillion in trade receivables. Every additional day of DSO leaves roughly $150 billion tied up. DSO is closely watched by boards and, at some companies, tied directly to CFO compensation.

Now that software can actually execute the work, rather than just organize it, order-to-cash is becoming one of the highest-value deployments of AI. Looking ahead The company is growing over 90% quarter over quarter. Stuut will use this funding to meet overwhelming customer demand. It will also expand deeper into the financial infrastructure around every transaction, from credit and lending to the movement of funds.

The long-term ambition is m

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