HighRadius

HighRadius's journey began in 2006, the brainchild of founder and CEO Sashi Narahari. From its inception, the company was driven by a clear and ambitious vision: to revolutionize the financial processes of businesses through the power of technology. It started its operations with an on-premise solution, offering software that companies could install on their own servers to streamline their accounts receivable processes. This initial offering laid the groundwork for what would become a global fintech enterprise. Recognizing the transformative potential of cloud computing, HighRadius made a pivotal shift in 2010, moving its solutions to the cloud. This move not only expanded their reach but also enhanced the scalability and accessibility of their offerings, making sophisticated financial automation available to a broader range of businesses.

A significant milestone in HighRadius's evolution came in 2014 with the introduction of Rivana, its AI-powered platform. At a time when artificial intelligence and machine learning were not yet mainstream in the fintech industry, HighRadius demonstrated remarkable foresight by investing heavily in these technologies. This early adoption of AI allowed them to develop innovative solutions that kept their customers ahead of the curve, automating complex processes and providing predictive insights. The company's growth was further accelerated by a Series A funding of $50 million in 2017, a testament to its already impressive track record of over 350 clients, including many Global 2000 companies. This funding injection fueled further innovation, including the launch of their Autonomous Treasury solution in 2019. By 2020, HighRadius had achieved 'Unicorn' status, and with a subsequent Series C funding of $300 million in 2021, the company solidified its position as a leader in autonomous finance. Today, HighRadius continues to push the boundaries of financial technology, helping over 800 of the world's leading companies transform their order-to-cash, treasury, and record-to-report processes.