Growfin
Growfin is an innovative accounts receivable automation platform designed for B2B enterprises. Launched in 2021, it leverages AI to streamline collections, enhance cash flow visibility, and reduce days sales outstanding (DSO). With a focus on collaboration, Growfin integrates seamlessly with existing ERP systems, enabling finance, sales, and customer success teams to work together efficiently. The platform has shown significant traction, with clients reporting reductions in DSO and improvements in cash flow management, making it a compelling solution in the financial technology landscape.
Growfin
Growfin is an innovative accounts receivable automation platform designed for B2B enterprises. Launched in 2021, it leverages AI to streamline collections, enhance cash flow visibility, and reduce days sales outstanding (DSO). With a focus on collaboration, Growfin integrates seamlessly with existing ERP systems, enabling finance, sales, and customer success teams to work together efficiently. The platform has shown significant traction, with clients reporting reductions in DSO and improvements in cash flow management, making it a compelling solution in the financial technology landscape.
TL;DR
Product: AI-powered accounts receivable automation / finance CRM for B2B enterprises
Founded: 2020/2021 (company formation and launch timeframe)
Founders: Aravind Gopalan and Raja Jayaraman
Latest disclosed funding: $7.5M Series A (Mar 2023), led by SWC Global
Employees: Approximately 76
Company Overview
Problem Domain
Accounts receivable, collections, cash flow management, and payment reconciliation for B2B companies.
Founded
2021
Industry
Financial technology (FinTech), SaaS
Funding Track Record
$7.5M
Participation from 3one4 Capital and angel investors
Investor Signal
“Led by SWC Global with participation from 3one4 Capital and angels”