Stuut Secures $52.5M in Series B Funding Led by Insight Partners

Stuut, a NYC-based provider of an AI platform for order-to-cash process automation, has secured $52.5 million in a Series B financing round, bringing the total amount to $93 million.

The round was led by Insight Partners, with participation from Andreessen Horowitz, M12 (Microsoft’s Venture Fund), and Activant.

The company plans to use the funding to meet customer demand and expand into financial infrastructure, including credit, lending, and funds movement.

What is Stuut?

Stuut provides an AI platform that automates the order-to-cash process for businesses. Its platform covers order management, credit, collections, payments, cash application, disputes, and deductions.

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The platform can work across ERP systems, bank accounts, CRMs, payment systems, and accounts payable portals. It communicates with customers through SMS, email and phone calls, reconciles incoming payments, and takes follow-up actions without requiring finance teams to manage each step.

Stuut also builds a record of how each customer pays, which portals they use, and how payment issues are resolved. Its actions are auditable, while changes to its behavior require approval.

How Much Funding Has Stuut Raised?

Stuut has raised $52.5 million in its latest Series B round, bringing its total funding to $93 million.

The Series B was led by Insight Partners, with participation from Andreessen Horowitz, M12, and Activant.

The source does not provide details about the company's earlier funding rounds or their dates.

Who Invested in Stuut’s Series B?

The $52.5 million Series B funding round was led by Insight Partners.

Other participating investors include:

• Andreessen Horowitz
• M12, Microsoft’s venture fund
• Activant

Stuut also works with firms including Fiserv, EY, Altamont, and HIG to help enterprises deploy and expand its platform.

Why the Funding Matters

Stuut plans to use the new funding to meet growing customer demand and expand further into transaction financial infrastructure.

The company will focus on areas including credit, lending and funds movement, extending its platform beyond core order-to-cash processes.

Who founded Stuut?

Stuut was founded in 2024 by Tarek Alaruri, Ben Winter, and Adam Chaarawi.

The company is based in New York City.

“Most businesses don’t have the bandwidth to segment their base or give customers the level of service they deserve,” said Tarek Alaruri, CEO of Stuut. “By leveraging AI, we’re able to deliver one of the leading solutions with continuous learning loops to improve the customer experience, reduce churn, improve NPS, and deliver better financial performance.”

"As enterprises look to modernize order-to-cash operations, we're seeing increasing demand for solutions that combine AI, automation and payments expertise," said Jackson McIntosh, SVP, Payments Value Added Services at Fiserv. "Together, Fiserv and Stuut are helping clients streamline receivables, improve cash flow visibility and operate more efficiently at scale."

Market and Business Growth

Stuut is used by more than 150 customers, including Fortune 50 and Fortune 500 companies such as Honeywell, ZoomInfo, and PerkinElmer.

The company's customer base has grown fivefold since last year, and more than $3 billion has moved through its platform.

According to the company, 81.7% of outbound collections activity runs without human involvement, while 95% of incoming payments are matched automatically.

Stuut says its customers can unlock up to 40% more cash flow and reduce days sales outstanding (DSO) by 47%.

What Happens Next?

Stuut plans to expand deeper into credit, lending, and funds movement while continuing to meet demand from existing and new customers.

The company also expects customers to use its platform across more parts of the order-to-cash lifecycle as it expands its financial infrastructure capabilities.

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