Stuut Raises $52.5M to Expand AI Order-to-Cash Platform

Stuut, an AI finance platform based in New York, has secured $52.5 million in Series B funding to expand its order-to-cash solution. The Series B round led by Insight Partners, with participation from Andreessen Horowitz, M12, and Activant, brings the company's total funding to $93 million. This latest funding allows Stuut to address rising customer demand and further integrate into transaction financial infrastructure.

Founded in 2024 by Tarek Alaruri, Ben Winter, and Miraj Mohsin, Stuut automates the full order-to-cash process, covering order management, credit, collections, payments, and cash application. It also handles disputes and deductions throughout the transaction lifecycle, enabling finance teams to address issues before they delay incoming payments.

With more than 150 businesses using its platform, Stuut has processed over $3 billion through its system and achieved a 47% reduction in days sales outstanding for customers. The company plans to extend its reach into financial infrastructure, including credit, lending, and fund movement, through AI-powered automation.

Stuut's platform already automates most outbound collections and matches incoming payments. It connects with various enterprise systems, such as ERP systems, bank accounts, CRM systems, and payment platforms. The company's AI helps identify and resolve issues early, such as missing purchase orders and pricing mismatches, which often lead to late payments.

The company's growth has been impressive, with its customer base increasing fivefold since its founding. Every completed proof of concept has been converted into a paying customer. Stuut now aims to manage transactions from initial orders to final payment, testing the potential of AI to handle increasingly complex financial workflows.