![]() Our goal has always been to build a long-lasting business that outlasts all of us. Sashi Narahari, Founder and CEO of HighRadius, said: “We are excited to have D1 Capital Partners and Tiger Global join our existing investors, Susquehanna Growth Equity and ICONIQ Growth. ![]() HighRadius was recently named to the Forbes Cloud 100 and identified as a Leader in both the Enterprise and the Mid-Market editions of the IDC MarketScape for Accounts Receivable Software. The HighRadius AI-powered platforms for Order-to-Cash and Treasury Management help more than 600 clients, including more than 200 of the Forbes Global 2000, optimize their working capital. The new capital will be used to fuel product innovation and expand global go-to-market reach. The round also included investments from tech industry leaders, Frank Slootman, Chairman and CEO of Snowflake, Michael Scarpelli, CFO of Snowflake, Tooey Courtemanche, CEO of Procore Technologies, and Howie Liu, Co-founder and CEO of Airtable. The investment was led by D1 Capital and Tiger Global with participation from existing investors ICONIQ Growth and Susquehanna Growth Equity. Houston, TX - MaHighRadius, the Artificial Intelligence-powered Order-to-Cash, and Treasury Management software leader, has raised $300 million in a Series C round at a valuation of $3.1 Billion. Estimating that there’ll be $4 trillion in global online sales by 2020, The company plans to gain more in an ever growing market with an expansion of its fintech reach and services.D1 Capital Partners and Tiger Global lead round with ICONIQ Growth and Susquehanna Growth Equity to fuel growth for While centered around online payments, Stripe has also expanded into other venues which include Point-of-Sale services, fraud detection, APIs for credit card issuing and several other fields. Stripe currently employs 1,300 people globally while counting a headquarters in San Francisco with this funding geared towards expansion of its team number. By bringing Stripe into more markets and building out our capabilities for companies of all sizes, we hope to accelerate innovation around the world.” “Better global payments infrastructure will increase economic output, encourage entrepreneurship, and help upstarts compete with incumbents. “We believe in the contingency of progress,” Stripe CEO and co-founder Patrick Collison said in a statement. Stripe is planning to make use of this funding to hire more people for what is says is a “distributed global engineering team.” with a plan to open a new hub in Singapore in addition to its already existing San Francisco, Seattle and Dublin hubs. Stripe which counts major name customers such as Uber, Facebook, Lyft, Slack, Wish, Postmates, Expedia, Zillow, Deliveroo and Google has now raised $685 million in total across several rounds.Ĩ year old Stripe has now vaulted into the ranks of the world’s most valuable private tech companies with a $20 billion valuation placing it amongst the top ten ranks of most valuable unicorns. ![]() This round was led by Tiger Global with further participation from DST Global, Sequioa Capital, Kleiner Perkins and Thrive Capital. San Francisco based Stripe, a leading payments company whose service is used by over 100 thousand businesses worldwide spreading across millions of customers has now raised $245 million in a new round at a $20 billion valuation, More than double the previous $9.2 billion valuation it garnered from its most previous funding round which took place in 2016.
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