I look forward to working with such high-quality long-term investors who share a common vision of transforming the Office of the CFO using a combination of Artificial Intelligence built on top of connected finance workspaces and embedded analytics.” Our goal has always been to build a long-lasting business that outlasts all of us. Sashi Narahari, Founder and CEO of HighRadius, said: “We are excited to have D1 Capital Partners and Tiger Global join our existing investors, Susquehanna Growth Equity and ICONIQ Growth. HighRadius was recently named to the Forbes Cloud 100 and identified as a Leader in both the Enterprise and the Mid-Market editions of the IDC MarketScape for Accounts Receivable Software. The HighRadius AI-powered platforms for Order-to-Cash and Treasury Management help more than 600 clients, including more than 200 of the Forbes Global 2000, optimize their working capital. The new capital will be used to fuel product innovation and expand global go-to-market reach. The round also included investments from tech industry leaders, Frank Slootman, Chairman and CEO of Snowflake Michael Scarpelli, CFO of Snowflake Tooey Courtemanche, CEO of Procore Technologies and Howie Liu, Co-founder and CEO of Airtable. The investment was led by D1 Capital and Tiger Global with participation from existing investors ICONIQ Growth and Susquehanna Growth Equity. HOUSTON-( BUSINESS WIRE)-HighRadius, the Artificial Intelligence-powered Order-to-Cash, and Treasury Management software leader, has raised $300 million in a Series C round at a valuation of $3.1 Billion.
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