Stuut Raises $29.5 Million Series A to Scale AI-Powered Accounts Receivable Automation
Stuut, a New York–based artificial intelligence platform designed to automate accounts receivable work for companies, has raised $29.5 million in a Series A funding round to accelerate development of its autonomous accounts receivable capabilities and expand its reach into mid-market and enterprise finance operations. The company’s AI technology aims to eliminate manual receivables tasks that traditionally burden finance teams and slow cash flow, signaling strong investor confidence in AI-powered financial automation.
The Series A round was led by Andreessen Horowitz, the Silicon Valley venture capital firm known for backing transformative technology companies. Alongside Andreessen Horowitz, the round included participation from Activant Capital, Khosla Ventures, 1984.vc, Page One Ventures, Vesey Ventures, Carya Venture Partners, and Valley Ventures. As part of the investment, Seema Amble of Andreessen Horowitz and Steve Sarracino of Activant Capital are joining Stuut’s board, providing strategic guidance as the company scales.
Founded in 2024 by Tarek Alaruri, Miraj Mohsin, and Ben Winter, Stuut was created to address persistent inefficiencies in accounts receivable processes. Many organizations continue to rely on manual workflows for invoice follow-ups, cash application, and dispute resolution, resulting in delayed payments and strained finance teams. Stuut’s platform uses autonomous AI agents to manage these tasks end-to-end, communicating with customers via email, SMS, and voice while adapting dynamically based on interaction history and payment behavior.
The company’s technology integrates with existing enterprise resource planning systems, allowing customers to deploy Stuut’s solution within days rather than months. By automating repetitive tasks such as payment matching, customer outreach, portal management, and dispute handling, the platform enables finance teams to focus on higher-value work. Early customer deployments have shown meaningful operational improvements, including faster collections cycles, increased on-time payments, and substantial reductions in manual effort.
Stuut plans to use the Series A capital to expand its product across the full spectrum of accounts receivable functions, including collections, payments, cash application, credits, deductions, and dispute resolution. The company is also investing in strengthening its AI models to handle complex, real-world scenarios in enterprise finance operations, such as partial payments, disputed invoices, and multi-system reconciliation.
Investor interest in Stuut reflects a broader shift toward AI-first enterprise software that delivers measurable financial outcomes. Accounts receivable has long been underserved by modern automation tools despite its direct impact on cash flow and business performance. By replacing fragmented workflows and manual follow-ups with autonomous AI agents, companies can improve predictability, reduce revenue leakage, and shorten days sales outstanding.
Stuut has already begun working with customers across industries that manage high volumes of invoices and complex B2B relationships, including organizations in data services, manufacturing, and life sciences. These early deployments demonstrate demand for intelligent automation in finance departments that are under increasing pressure to operate efficiently with lean teams.
With $29.5 million in Series A funding secured, Stuut is entering a new phase of growth focused on scaling its autonomous accounts receivable platform, expanding its customer base, and continuing to redefine how finance teams manage one of the most critical functions in business operations. Backed by leading venture investors and early customer traction, the company is positioned to play a meaningful role in the evolution of AI-driven finance automation.
