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Stuut raises $52.5M to run enterprise order-to-cash with AI agents

Stuut raises $52.5M to run enterprise order-to-cash with AI agents

Money Moves

Insight Partners led the round; Andreessen Horowitz, Microsoft's M12, and Activant joined. Total funding stands at $93 million.

Yesterday: Stuut closes $52.5M Series B

Overview

Updated 1 hour ago

US businesses are carrying $7.2 trillion in unpaid receivables. A New York startup just raised $52.5 million on the bet that AI agents, not finance teams, should be the ones collecting that cash.

Stuut's agents contact customers by email, SMS, and phone; log into payment portals; resolve disputes; match cash; and take the next action, carrying context across the entire order-to-cash cycle. The company says 81% of outbound collections run without human involvement and customers have cut days sales outstanding by 47%.

Insight Partners led the round, with Andreessen Horowitz, Microsoft's M12, and Activant participating. Total funding now stands at $93 million, which Stuut will use to expand into credit, lending, and the movement of funds.

Why it matters

Its AI agents chase invoices with no human in the loop, potentially unlocking cash from the $7.2 trillion in US unpaid receivables.

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Key Indicators

$52.5M
Series B round size
Closed October 7, 2026; led by Insight Partners.
$93M
Total funding to date
Prior to this round, Stuut had raised $40.5 million.
$3B
Payment volume through platform
More than 150 companies use the platform.
47%
Average DSO reduction
Customers also report freeing up to 40% more cash flow.
150+
Enterprise customers
Grown fivefold in the past year; includes Honeywell, ZoomInfo, and Verifone.
95%
Automatic payment matching
81.7% of outbound collections activity runs without human involvement.

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People Involved

Organizations Involved

Timeline

December 2025 October 2026

2 events Latest: Yesterday
  1. Stuut closes $52.5M Series B

    Latest Funding

    Insight Partners led the round; Andreessen Horowitz, Microsoft's M12, and Activant joined. Total funding reached $93 million.

  2. Stuut closes its Series A round

    Funding

    Roughly ten months before the Series B, Stuut closed its Series A, setting up a year of rapid growth.

Scenarios

1

Stuut expands into credit, lending, and fund movement

Likely Resolves by Oct 7, 2027

Discussed by: Insight Partners' investment note and Stuut's own growth plans

Stuut says it will use the round to push deeper into the financial infrastructure around every transaction, including credit, lending, and the movement of funds. If it ships such products while keeping its record of converting every proof of concept into a customer, it solidifies its position as category leader.

2

An ERP or fintech incumbent acquires Stuut

Possible Resolves by Oct 7, 2028

Discussed by: Industry observers; SiliconANGLE frames Stuut as a takeout candidate

Stuut integrates with and runs on top of SAP, Oracle, Microsoft Dynamics, and NetSuite, the same vendors competing to add agentic features to their own ERPs. A buyer could value Stuut's Fortune 500 install base and $3 billion in processed volume over building the capability in-house. The blue-chip investor list also raises Stuut's visibility to acquirers.

3

Big ERP vendors ship native order-to-cash agents, squeezing Stuut

Possible Resolves by Oct 7, 2027

Discussed by: SiliconANGLE and fintech analysts noting platform competition

SAP, Oracle, and Microsoft already run the ERPs Stuut's customers use. If they embed comparable autonomous collections and cash-application agents natively, Stuut must win on speed and capability against bundled competition from platforms with existing customer relationships.

Historical Context

2 moments from history that rhyme with this story — and how they unfolded.

2005-2021

UiPath and the RPA boom (2005-2021)

UiPath, founded in Bucharest, Romania in 2005, made software 'robots' that automated repetitive office tasks by mimicking clicks and keystrokes. Investors poured in as customers used the bots for data entry and document processing. The company went public in April 2021 at a valuation above $30 billion.

Then

The stock later fell sharply as customers found the bots brittle: they broke whenever a screen changed and couldn't handle judgment calls or exceptions.

Now

The episode set the template for the current AI agent wave: rule-based automation that repeats steps but can't carry context or decide what to do next.

Why this matters now

Stuut's pitch is the next stage of that promise: agents that hold context, handle exceptions, and take action without a human re-entering information at every step.

2006-2021

HighRadius' order-to-cash automation (2006-2021)

HighRadius, founded in 2006, built the previous generation of order-to-cash software: dashboards, workflow rules, and automation for receivables, credit, and collections. It raised $300 million in 2021 at a $3.1 billion valuation.

Then

The funding validated order-to-cash as an enterprise category worth billions in standalone software.

Now

But the model leaned on humans using dashboards and workflow tools, a gap Stuut now targets with agents that execute the work rather than organize it.

Why this matters now

Both companies target the same receivables function; the contrast shows the category shifting from human-driven workflows to autonomous execution.

Sources

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