Overview
HighRadius is an AI/ML-powered autonomous finance platform founded in 2006 in Houston, Texas by Sashi Narahari (CEO, still leading). The company has raised $484M and achieved a $3.1 billion valuation at Series C, with recognition as IDC MarketScape Leader in both large enterprise and mid-market segments.
Highlights
- Founder-led stability: Sashi Narahari leading since 2006 founding
- “Autonomous Finance” vision: Goal of fully autonomous finance platform by 2027
- Autonomous Receivables: AI system eliminating manual work in order-to-cash
- Working capital optimization: Reducing DSO (Days Sales Outstanding)
- IDC MarketScape recognition: Leader in both large enterprise and mid-market
- Scale: $3.1B valuation, $484M raised
- Treasury management: Cash forecasting and positioning capabilities
- Use cases: Credit management, collections, cash application, deductions, cash forecasting
Founded
2006 in Houston, Texas. Founded by Sashi Narahari (CEO, still leading).
Headquarters
Houston, Texas; office in Hyderabad, India.
Ownership and funding
Independent. Raised $484M; valued at $3.1B (Series C).
Core technology
AI/ML-powered Autonomous Receivables system. Focus on reducing DSO and working capital optimization. Goal: fully autonomous finance platform by 2027.
Market position
Large enterprises and mid-market; IDC MarketScape Leader in both segments.
Product philosophy
“Autonomous Finance”, eliminating manual work in order-to-cash, treasury, record-to-report.