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Stuut Technologies secures $29.5 million Series A funding led by Andreessen Horowitz
Stuut Technologies raised $29.
Stuut Technologies announced a $29.5 million Series A round led by Andreessen Horowitz to scale its AI-powered autonomous accounts receivable platform. The round included participation from Activant Capital, Khosla Ventures, 1984.vc, Page One Ventures, Vesey Ventures, Carya Venture Partners and Valley Ventures. Board seats will be taken by Seema Amble of Andreessen Horowitz and Steve Sarracino of Activant Capital.
Stuut plans to enhance autonomous AR workflows across collections, payments, cash application, deductions, credits and disputes while expanding its focus on mid-market and enterprise customers.