HighRadius
Founded Year
2006Stage
Series C | AliveTotal Raised
$475MValuation
$0000Last Raised
$300M | 2 yrs agoAbout HighRadius
HighRadius is a fintech enterprise SaaS platform that automates accounts receivable and treasury processes with AI-based autonomous systems powered by the Rivana AI Engine and Freeda Digital Assistant. HighRadius Integrated Receivables platform reduces cycle times in order-to-cash process through automation of receivables and payments processes across credit, electronic billing and payment processing, cash application, deductions, and collections. HighRadius Treasury Management helps teams achieve touchless cash management, accurate forecasting, and seamless bank reconciliation.
HighRadius's Product Videos
ESPs containing HighRadius
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The treasury management solutions market offers technology solutions that empower treasurers, CFOs and their IT counterparts to optimise their technology solutions, de-risk ERP cloud migration, and activate liquidity as a dynamic, real-time vehicle for growth and value creation. These solutions provide cash position visibility and reporting, which is time-consuming and manually labor-intensive to …
HighRadius named as Leader among 14 other companies, including Kyriba, FinLync, and AccessFintech.
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HighRadius's Products & Differentiators
Credit
HighRadius Autonomous Receivable platform has 5 solutions. Customers can subscribe to them individually or any combination. Each Solution has 4 editions with base capabilities to suit varying customer sizes and demands. 1. Credit onboards prospective customers and proactively manages credit risk of existing customers through real-time monitoring of external data. AI models predict upcoming blocked orders and provide recommendations to the collections team.
Research containing HighRadius
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned HighRadius in 7 CB Insights research briefs, most recently on Sep 20, 2022.
Expert Collections containing HighRadius
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
HighRadius is included in 7 Expert Collections, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
1,215 items
Payments
2,672 items
Companies and startups in this collection enable consumers, businesses, and governments to pay each other - online and at the physical point-of-sale.
Banking
380 items
Startups providing solutions to banks to automate processes and operations.
Artificial Intelligence
10,627 items
This collection includes startups selling AI SaaS, using AI algorithms to develop their core products, and those developing hardware to support AI workloads.
SMB Fintech
354 items
Fintech
7,985 items
US-based companies
HighRadius Patents
HighRadius has filed 10 patents.
The 3 most popular patent topics include:
- Payment systems
- Cloud applications
- Information technology management
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
3/1/2022 | 3/28/2023 | Payment systems, Credit, Information technology management, Cryptography, Banking technology | Grant |
Application Date | 3/1/2022 |
|---|---|
Grant Date | 3/28/2023 |
Title | |
Related Topics | Payment systems, Credit, Information technology management, Cryptography, Banking technology |
Status | Grant |
Latest HighRadius News
May 10, 2023
Dublin, IRELAND Dublin, May 10, 2023 (GLOBE NEWSWIRE) -- The "Citigroup - Enterprise Tech Ecosystem Series" company profile has been added to ResearchAndMarkets.com's offering. This report provides insight into Citigroup's fintech activities, including its digital transformation strategies, its innovation programs, its technology initiatives, and its estimated ICT budget. Citigroup is a provider of diversified financial services. Its portfolio of offerings comprises retail, commercial, and investment banking; securities brokerage; trade and securities services; and wealth management solutions. The group provides a range of accounts and deposit services, debit and credit cards, loans and mortgages, small business banking solutions, treasury and trade services, and corporate and institutional lending. Citigroup also offers asset management, capital market, and securities services. The group has an operational presence in the Americas, Europe, the Middle East, Africa, and Asia-Pacific; it serves individuals, companies, and institutional and government clients. Scope Citi has collaborated with artificial intelligence-based technology startups including Yewno, Truvalue Labs, Jemstep, Interactions, SAS, and HighRadius to gain insights on critical business decisions, better manage internal risks, and enhance customer service and operational efficiencies Citi announced the launch of Citi Mobile Challenge in Asia-Pacific. Citi partnered with IBM to offer mentorship tutorials and access to Bluemix (IBM's digital innovation platform) in order to help selected developers build and deploy fintech solutions Citibank partnered with IBM and videogame firm Ubisoft to jointly introduce the second edition of the Tribe accelerator program. The program helps blockchain-based growth-stage startups working in the areas of cybersecurity, fintech, media and advertising, healthcare, and supply chain management develop, grow, and scale their businesses Reasons to Buy Discover its fintech strategies and innovation initiatives Learn about its product launches, partnerships, and investments Key Topics Covered: Technology Focus ICT Budget and Contracts Paytm
HighRadius Frequently Asked Questions (FAQ)
When was HighRadius founded?
HighRadius was founded in 2006.
Where is HighRadius's headquarters?
HighRadius's headquarters is located at 200 Westlake Park Blvd, Houston.
What is HighRadius's latest funding round?
HighRadius's latest funding round is Series C.
How much did HighRadius raise?
HighRadius raised a total of $475M.
Who are the investors of HighRadius?
Investors of HighRadius include Susquehanna Growth Equity, Tooey Courtemanche, ICONIQ Growth, Michael Scarpelli, Tiger Global Management and 8 more.
Who are HighRadius's competitors?
Competitors of HighRadius include Plastiq, LiquidX, Nomentia, Billtrust, Nilus, Cherry , LockStep, Paystand, Streamlined, Gaviti and 13 more.
What products does HighRadius offer?
HighRadius's products include Credit and 4 more.
Who are HighRadius's customers?
Customers of HighRadius include Land O’Lakes, Inc. is a member-owned agricultural cooperative based in the Minneapolis-St. Paul suburb of Arden Hills, Minnesota, focusing on the dairy industry., Mattel is a toy manufacturing and entertainment company.It is headquartered at El Segundo, California., Duracell Inc. is an American manufacturing company that produces batteries and smart power systems., J. J. Keller & Associates, Inc. is a publisher and service organization, providing a wide spectrum of regulatory and information products and services ,complementary forms and supply products to customers regulated by the Department of Transportation, Occupational Safety and Health Administration, and more than 300 state agencies. and 3 more.
Compare HighRadius to Competitors
VersaPay (TSX-V: VPY) is a cloud-based intelligent accounts receivable solutions provider for businesses of all sizes. Users can streamline and enhance accounts receivable processes or reduce merchant services costs. The company was founded in 2006 and is based in Toronto, Ontario. On February 21st, 2020, VersaPay was acquired by Great Hill Partners at a valuation of $95.39 million.
Billtrust (NASDAQ: BTRS) provides a cloud-based accounts revenue (AR) platform that helps businesses grow revenue and improve profitability. It focuses on credit, order, invoicing, payments, and cash applications. The company serves transportation, machinery, distribution, manufacturing, medical equipment, technology, legal, and staffing industries. The company was founded in 2001 and is based in Lawrenceville, New Jersey.
Global PayEX is an Accounts Receivable automation solution provider. With AI-powered AR Automation tools like Electronic Invoicing, Presentment & Payments Management, Cash Application, Embedded Channel Finance, and Machine-Learning Data Extraction, Global PayEX enables companies to get paid faster, eliminate tedious manual AR work, and improve customers’ experience. Offering an end-to-end native-cloud solution, this JP Morgan-backed SaaS company enables finance teams to optimize working capital and remove inefficiencies from Accounts Receivable. Global PayEx was founded in 2011 and is based in Rockville, Maryland.
Kyriba offers cloud-based Proactive Treasury Management solutions and delivers cash management technology to CFOs, treasurers, and financial professionals. The company's secure and scalable SaaS treasury, bank connectivity, risk management, and supply chain finance solutions enable organizations to drive corporate growth, obtain critical financial insights, minimize fraud, and ensure compliance.
Esker is a provider of document process automation solutions. Addressing all types of business processes, from accounts payable and accounts receivable to order processing and procurement, Esker cloud computing solutions enable companies to automate the reception, processing, and sending of any business document with one platform. Esker helps companies around the world to reduce the use of paper and eliminate manual processes while improving their productivity, efficiency, and environmental impact.
Fintainium enables billers and payers to control the way they make and receive payments by providing a wide-reaching selection of payment methods. Users can convert legacy paper-based invoicing and payment processes to real-time electronic systems that provide the rapid exchange of data, increasing overall productivity and cash flow. The company serves clients operating in the private sector. It was formerly known as ePayRails. It was founded in 2018 and is based in Jacksonville, Florida.
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