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    Home » Chargezoom raises $11.5m for AR automation
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    Chargezoom raises $11.5m for AR automation

    By Queena CaiDecember 18, 2024No Comments2 Mins Read
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    • Chargezoom secures $11.5m in Series A funding led by Kickstart Fund, targeting growth in automated AR solutions with Google Pay integration.
    • New funding will enhance its AI-powered billing platform, simplifying AR processes and transforming cash flow management for businesses.

    What happened: Chargezoom raises $11.5m with Google Pay integration at the forefront

    Chargezoom, an AI-powered accounts receivable (AR) and integrated payments platform, announced the successful completion of an $11.5m Series A funding round, led by Kickstart Fund. Key participants in this round included Motley Fool Ventures, Early Light Ventures, and Frazier VC, alongside SaaS Venture Capital and others.

    The funding will support the expansion of Chargezoom’s platform, which automates invoicing, payments, and cash flow management for businesses. A notable feature is its integration with Google Pay, enhancing payment flexibility and streamlining operations for its users. Matt Dubois, Chargezoom’s CEO, highlighted the milestone by stating, “This funding validates our vision to simplify AR for businesses while fostering growth.” The company, which grew by an impressive 3,972% since its Seed round in 2021, continues to address the increasing demand for AI-driven AR solutions.

    Also read: Eviden and Ordo pilot open banking-based payment platform  
    Also read: SoFi, Galileo partner with Mesh Payments to simplify expenses

    Why it’s important

    Chargezoom, an AI-powered accounts receivable (AR) and integrated payments platform, announced the successful completion of an $11.5m Series A funding round, led by Kickstart Fund. Key participants in this round included Motley Fool Ventures, Early Light Ventures, and Frazier VC, alongside SaaS Venture Capital and others.

    The funding will support the expansion of Chargezoom’s platform, which automates invoicing, payments, and cash flow management for businesses. A notable feature is its integration with Google Pay, enhancing payment flexibility and streamlining operations for its users. Matt Dubois, Chargezoom’s CEO, highlighted the milestone by stating, “This funding validates our vision to simplify AR for businesses while fostering growth.” The company, which grew by an impressive 3,972% since its Seed round in 2021, continues to address the increasing demand for AI-driven AR solutions.

    AI payments AR automation Chargezoom Kickstart Fund Series A funding
    Queena Cai

    Queena Cai is an intern reporter at BTW Media, having studied Construction Economics and Management at University College London. She specialises in Business Project Management and Consultancy. Contact her at q.cai@btw.media.

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