Based in Houston, HighRadius is a finance AI platform to help many large companies across the world to transform their organization’s cash, treasury, and records. HighRadius works to deliver measurable business outcomes for working capital optimization, and debt reduction, reduce month-long timelines, and improve employee productivity within six months.
The company was founded in 2006 by Sashi Narahari and has grown to become one of the leading companies in the finance automation industry. It has offices in more than 90 countries and serves more than 800 customers across various industries.
HighRadius offers AI-powered solutions for order to cash, treasury, and record to report processes. Some of its products include credit automation, e-invoicing, cash application, deductions management, collections management, B2B payments, surcharge management, interchange fee optimizer, payment gateway for SAP, cash forecasting, cash management, financial close AI-powered close management for integrated accounting, account reconciliation connected workspace for integrated accounting, anomaly management resolve anomalies proactively with alerts for all potential errors.
HighRadius has raised a total of $475 million in funding from various investors and was valued at $3.1 billion as of January 20213. It also became a Centaur in 2022 after raising $300 million in Series C funding. In 2023, it launched LiveCube, a new product that enables real-time data integration and analytics for finance functions.
HighRadius is one of the leading AI software companies in the world and has been recognized by Gartner as a leader in the 2023 Magic Quadrant Report for Integrated Invoice-to-Cash Applications. It has also been named as an IDC MarketScape Leader For Accounts Receivable Automation Software.