Fazeshift
Category: AI in Fintech
Fazeshift is an AI-driven platform for automating accounts receivable (AR) processes, eliminating manual tasks and improving cash flow. Fazeshift was founded in 2023. The company is led by Caitlin Leksana. Based in San Francisco, CA, USA. Team size: 11-50. Total funding raised: $22 million. Latest round: Seed round led by Gradient Ventures. Key investors include F-Prime Capital, Gradient Ventures, Y Combinator, Wayfinder, Pioneer Fund, Ritual Capital, Phoenix Fund, 2048 Ventures, The Graduate Syndicate, Vulcan Partners, Terrence Rohan, Kulveer Taggar, Rich Aberman, Sandor Palfy, Rob Biederman, Mike MacCombie.
- Founded
- 2023
- Headquarters
- San Francisco, CA, USA
- Team size
- 11-50
- Total funding
- $22 million
Value proposition
Fazeshift automates invoicing, cash application, and collections, reducing the need for large AR teams and improving efficiency.
Products and solutions
AI-driven accounts receivable automation platform
Unique value
Fazeshift automates tasks that traditionally required large teams, significantly reducing labor costs and increasing efficiency.
Target customer
Businesses looking to automate and streamline their accounts receivable processes.
Industries served
Finance, Financial Services, FinTech
Technology advantage
By leveraging AI, Fazeshift offers a comprehensive solution that integrates with existing tools to automate financial workflows.
How they differentiate
Fazeshift differentiates itself by providing a fully automated AR solution that integrates seamlessly with existing financial tools.
Main competitors
Qonto, Melio, Azets
Key partnerships
Y Combinator, Gradient Ventures
Notable customers
Sigma Computing, Snyk, Meter, Clipboard Health, 11x, AirCFO, Mecon, Stuf, Advon (8 unicorns and first public company)
Major milestones
Raised $4M in seed funding (Jan 2025) Raised $17M Series A led by F-Prime Capital (May 2026) 12x revenue growth in one year 8 unicorn customers Team grew from 2 to 26 Opened SF HQ and NYC office
Growth metrics
12x revenue growth in one year. 8 unicorn customers. Automates 90%+ of manual AR tasks. Over 9,000 customer communications automated in a single day. $7.4M collected within weeks of deployment for one customer.
Market positioning
Leading AI-native platform for accounts receivable automation, expanding toward autonomous finance / CFO suite
Geographic focus
US market with HQ in San Francisco and NYC office
Patents and IP
Not specified
About Caitlin Leksana
Caitlin Leksana is the Co-Founder and CEO of Fazeshift, a YC S24-backed startup that is building an AI agent for Accounts Receivable. Before founding Fazeshift, she was the Co-Founder and CEO of Carma, a Web3 community management platform. She also has experience in management consulting at Boston Consulting Group (BCG) and has worked with DCVC and Booz Allen Hamilton. Her background is in Mechanical Engineering, and she has leveraged her analytical and problem-solving skills to transition into the tech and entrepreneurship space.
Official website: https://www.fazeshift.com/