<article><a href="https://www.dealstreetasia.com/?s=HighRadius+Corporation" target="_blank" rel="noopener">HighRadius Corporation</a>, a company which provides cloud-based integrated receivables software solutions, has raised $50 million from US-based <a href="https://www.dealstreetasia.com/?s=Susquehanna+Growth+Equity+LLC" target="_blank" rel="noopener">Susquehanna Growth Equity LLC</a> to continue its growth and expansion globally.</article>

<a href="https://www.dealstreetasia.com/?s=HighRadius+Corporation" target="_blank" rel="noopener">HighRadius Corporation</a>, a company which provides cloud-based integrated receivables software solutions, has raised $50 million from US-based <a href="https://www.dealstreetasia.com/?s=Susquehanna+Growth+Equity+LLC" target="_blank" rel="noopener">Susquehanna Growth Equity LLC</a> to continue its growth and expansion globally.
This is the first time that HighRadius raised an external funding. As a part of the deal, Amir Goldman and Ben Weinberg from Susquehanna will join the board of HighRadius.
“We have been executing on our vision of enabling receivables functions to achieve ubiquitous electronic payment adoption and process automation – massively reducing paper-based processes and manual work. We have more than 350 clients on our Integrated Receivables platform powered by our Rivana Artificial Intelligence engine and the RadiusOne B2B payment network,&#8221; said Sashi Narahari, founder and CEO of HighRadius, which has presence in Hyderabad and the US.
Fintech enterprise Software-as-a-Service (SaaS) company HighRadius was founded by Sashi Narahari, IIT alumnus in 2006. The company applies artificial intelligence and machine learning to all aspects of accounts receivable operations, including credit, collections, cash application, deductions and payments.
&#8220;Integrated receivables is an $11 billion market in the early stages of adoption. HighRadius is the clear leader in receivables-focused SaaS solutions for large enterprises and the only cloud-based platform that covers the full range of functions and processes,&#8221; said Amir Goldman, founder and MD of Susquehanna Growth Equity.
Atlas Technology Group was the financial advisor to HighRadius on this transaction.
Susquehanna Growth Equity which invests in growth stage technology companies, focuses on the software, information services, internet and financial technology sectors.
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HighRadius Corporation has raised $50 million from US-based Susquehanna Growth Equity LLC to continue its growth and expansion globally.

HighRadius gets $50m from US-based Susquehanna

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HighRadius gets $50m from US-based Susquehanna

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