What the business is
An AI platform that executes order-to-cash for large enterprises: collections, cash application, payments, disputes and deductions, until the cash reaches the bank.
The bet
That enterprise finance teams will hand order-to-cash — chasing invoices, matching payments, resolving disputes — to autonomous AI agents inside their ERPs.
Starting capital
$93M total; $52.5M Series B led by Insight Partners with Andreessen Horowitz and M12, October 2026, ten months after the Series A
How it started
Founded in New York by Tarek Alaruri, Ben Winter and Adam Chaarwari, Stuut targets the roughly $16 trillion stuck in unpaid receivables worldwide, arguing broken order-to-cash processes drain up to 5% of a company's revenue.
What happened
Stuut says 81.7% of its outbound collections activity runs without human involvement and 95% of incoming payments are matched automatically. ZoomInfo reports $21.2M collected and DSO down from 51 to 40 days; Bishop Lifting cut overdue receivables 35% across 45 branches and freed $3M of working capital. It has partnered with Fiserv, EY, Altamont and HIG to reach enterprise working-capital teams, and extends upstream into credit and order management.
What has to be true
Broken order-to-cash is a giant, measurable cost — up to 5% of revenue at enterprise scale — that incumbent finance software only organized, never executed.
Agent execution creates a data moat: every interaction teaches the system how each customer pays, which portals fail, and how to fix them.
Enterprises adopt only if the agent fits existing ERPs and controls — Stuut's go-live in days and approval-gated actions are designed around that constraint.
The accountant shortage — 300,000 gone from the profession since 2019 — pushes finance teams toward automation that does the work rather than assists it.
What can be applied
The durable wedge in enterprise AI is not analysing work but doing it: an agent that learns each customer's payment quirks compounds a switching cost no dashboard could.
Aftermath
As of October 2026 Stuut says it is growing more than 90% quarter over quarter and will use the Series B to meet demand and expand deeper into financial infrastructure — credit, lending and the movement of funds — with the long-term ambition of carrying every transaction from the decision to sell to cash in the bank.
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The sources
- Stuut raises $52.5M Series B to run order-to-cash with AI thenextweb.com