PANews reported on January 26 that Fazeshift officially announced that the company successfully completed a $4 million seed round of financing, led by Gradient Ventures, followed by Y Combinator, Wayfinder VC, Pioneer Fund, Ritual VC, Phoenix Fund, etc., and also received support from angel investors Terrence Rohan, Kulveer Taggar and Rich Aberman.

Fazeshift focuses on simplifying the accounts receivable process of enterprises through AI technology, and its customers range from fast-growing AI startups to unicorn companies. This round of financing will be used to advance product development, expand the team size, and accelerate its mission of empowering financial teams.