Valyx secures $800K in pre-seed round, eyes managing $1 bn in receivables

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Valyx secures $800K in pre-seed round, eyes managing $1 bn in receivables - Economic Times

Quick Summary:

The AI-powered platform specialising in B2B revenue and receivables automation was set up to automate billing and optimises cash flow cycle for businesses, says co-founder.

Valyx, a Bengaluru-based AI-powered platform specialising in B2B revenue and receivables automation, has raised $800,000 in a pre-seed funding round.

Its offerings include rate card management, usage-based billing, collections, cash application, reconciliation, dispute management and collaborative receivables tracking.