NEW YORK, NY: Stuut Technologies has announced a $29.5 million Series A funding round led by Andreessen Horowitz to advance its AI-driven platform that autonomously automates accounts receivable (AR) operations.
The round saw participation from Activant Capital, Khosla Ventures, 1984.vc, Page One Ventures, Vesey Ventures, Carya Venture Partners, and Valley Ventures.
Representatives Seema Amble (Andreessen Horowitz) and Steve Sarracino (Activant Capital) will join Stuut Technologies board.
Stuut Technologies Expands AI-Powered Autonomous AR Capabilities
Stuut Technologies confirmed that the capital will accelerate product development and expand its autonomous AR capabilities across six key areas – collections, payments, cash application, deductions, credits, and disputes. The funding will support the company’s focus on mid-market and enterprise customers.
The company highlighted that organizations lose up to 5% of EBITDA due to manual AR tasks such as payment matching, customer follow-ups, and portal navigation.
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These challenges are particularly common among manufacturers, distributors, CPG companies, logistics providers, outsourced service firms, and medical device businesses that manage complex customer relationships and high volumes of transactions.
Stuut Technologies Positions AI as an Autonomous AR Co-Worker
Stuut Technologies positions its platform as an AI co-worker capable of delivering 40% more on-time revenue collection by performing AR tasks faster and more accurately than traditional manual processes.
Unlike legacy AR software that requires long implementation cycles and ongoing human oversight, Stuut executes end-to-end workflows independently and integrates with existing ERP systems in less than a week.
Co-founder and CEO Tarek Alaruri stated that the technology needed to fully automate AR did not exist when the company was founded 18 months ago. He added that Stuut can now manage exceptions, learn from recurring interactions, work across disconnected systems, and autonomously perform tasks previously dependent on manual intervention.
Product Capabilities and Performance
The company detailed several core capabilities:
- Autonomous Execution: AI manages customer outreach, portal actions, payment matching, and dispute handling across SMS, email, voice, and document formats.
- Customer Memory: The platform tracks patterns across collections, payments, cash application, and deductions, improving decision-making over time. Credits and disputes functionality will be introduced soon.
- Rapid Deployment: Implementation takes only days compared to the typical 6–18 months required for traditional AR solutions.
- Measured Impact: Customers including ZoomInfo, Bishop Lifting, Honeywell, and PerkinElmer report a 40% reduction in overdue balances and a 70% cut in manual workload, with results visible within 3–4 days of deployment.
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Razvan Bratu, Head of Quote to Cash at Honeywell, noted that Stuut’s automation has accelerated collections, improved cash flow, and freed internal teams to focus on high-value customer service.
Investors emphasized the platform’s potential to redefine the accounts receivable category. Andreessen Horowitz Partner Seema Amble stated that accounts receivable processes remain heavily manual, and Stuut replaces repetitive tasks with intelligent software that delivers measurable ROI.
She added that enterprises shifting labor budgets to software represents a major opportunity for the company.
Steve Sarracino, Founder & Partner at Activant Capital, described Stuut’s approach as a move from tool-centric software to autonomous, results-driven operations powered by an evolving system of intelligence.
