PNC and Citi Ventures have co-led a round of undisclosed size that came just five months after the accounts receivables software provider raised $50m from SGE.
US-based business financial management software provider HighRadius raised an undisclosed amount yesterday in a funding round co-led by financial services firms Citi and PNC.
HighRadius has built a platform that uses artificial intelligence technology to automate the accounts receivables and payments process for businesses. It integrates all of an organisation’s receivable and payment modules, including cash, credit and electronic billing.
The company has also created a virtual assistant that utilises machine learning to help clients predict cashflow and plan for…
