The Venture Codex Logo

The Venture Codex

Fazeshift

589 Howard Street Ste 400, San Francisco, CA, 94105, United States

Overview

Fazeshift develops an AI platform that automates accounts receivable tasks, claiming to handle over 90% of manual AR work for finance teams. The company was founded in 2023 by Caitlin Leksana and Timmy Galvin and has rapidly scaled its customer base to dozens of enterprises, including eight unicorns. Fazeshift reported 12x revenue growth in a single year, reflecting strong early commercial traction. Its platform aims to reduce operational overhead and accelerate collections by operating workflows directly with AI. The company is positioning itself as an alternative to legacy, rule-based AR software by leveraging LLM and agent capabilities to automate context-aware financial actions.

Total raised
$22M
Funding rounds
4
Latest round
Series A
Latest activity
May 2026

Industries

  • Accounting
  • Artificial Intelligence (AI)
  • Business Process Automation (BPA)
  • Financial Services
  • FinTech
  • Software
Visit website

Recent funding

  1. Series A

    May 2026

    $17M

  2. Seed

    Jan 2025

    $4M

  3. Accelerator

    Oct 2024

    $1M

Team