The raise, led by Andreessen Horowitz with backing from Activant Capital, Khosla Ventures and several others, brings new board members on deck as the company prepares for a wider commercial sprint.

The funding gives Stuut room to enhance six core functions it already targets, including collections, payments, cash application, deductions, credits and disputes. These are the areas where companies with heavy transaction volumes often struggle the most.

Many still depend on staff who spend long days chasing customer payments, combing through portals and matching records by hand. For some firms, that drag can wipe out up to 5% of EBITDA.

Rather than treating accounts receivable as a set of tools that still rely on humans, Stuut built its platform as a worker that completes each step itself. It reads customer patterns, manages outreach, resolves disputes and pulls information from different systems without waiting for someone to guide it. 

Many firms have promised speed, but Stuut’s assertion is different. The company says it removes manual steps entirely.

Tarek Alaruri, co-founder and chief executive said the underlying technology only recently became possible. “The technology to actually automate this work didn’t exist 18 months ago when we started Stuut,” he said. “We can now handle exceptions and complexity, learn from each interaction, work across disconnected systems, and execute tasks end-to-end. Previous solutions help humans click buttons faster. We eliminate the clicking entirely and are helping brands collect millions more in previously lost revenue.”

The company says implementation takes days rather than the six-month to 18-month rollouts common with older software. Early adopters such as ZoomInfo, Bishop Lifting, Honeywell and PerkinElmer are already using the system, with reported reductions of 40% in overdue balances and cuts of up to 70% in manual workload.

Honeywell’s Head of Quote to Cash, Razvan Bratu, said the impact is immediate. “Stuut is transforming our accounts receivable operations on a daily basis. We’re collecting faster from the in-scope customers, our cash flow is improving, and our team has more time to focus on white gloves service for top customers,” he noted. “The platform handles the routine work so our people drive increased real business value.”

Venture supporters say Stuut Technologies is moving the industry towards fully autonomous financial operations. “Accounts receivable is one of the finance functions still dominated by manual work. Stuut changes that by replacing repetitive AR tasks with software that actually does the work–and does it better,” said Seema Amble of Andreessen Horowitz. She added that the company’s early results show clear returns for clients.

Activant Capital’s Steve Sarracino said this is a good difference in how businesses will run their finance stack. “We backed Stuut because they’re redefining AR as an autonomous system of intelligence that learns, executes, and compounds value over time. This is an exciting move from tool-centric software to results-centric operations.”

With new capital and pressure on companies to speed up cash recovery, Stuut is changing the slow processes and ageing tools in the sector.

The funding comes only six months after its $5 million seed round, pushing its total capital raised to $30 million.

At the heart of FurtherAI’s mission is a goal to put an end to the inefficiencies that have long burdened insurance professionals. For decades, underwriters, brokers, and claims handlers have relied on outdated systems and manual processes, spending hours sifting through spreadsheets, PDFs, and disconnected databases. 

FurtherAI wants to change that by automating workflows across underwriting, claims, and compliance, giving insurers the freedom to focus on risk management and client service rather than administrative tasks.

“Insurance is the backbone of the economy, but the people running it have been stuck with outdated tools,” said Aman Gour, co-founder and CEO of FurtherAI. “With this funding, we’re doubling down on building AI workflows that give underwriters, brokers, and claims teams superpowers — freeing them to focus on the work that truly matters.”

The Series A round, which also saw participation from Nexus Venture Partners and Y Combinator, reiterates the current interest in specialised technology in the insurance space. The company plans to use the new funds to expand its catalogue of insurance-specific workflows, strengthen integrations with major carriers and brokers, and scale its go-to-market efforts amid accelerating demand.

The insurance industry, estimated at $7 trillion globally, faces a convergence of challenges, from climate risk to regulatory pressures and a shortage of skilled professionals. Many insurers have attempted to deploy generic automation tools, only to find them inadequate for the industry’s complex documentation and compliance needs. 

FurtherAI provides what it calls an insurance-native workspace, designed to integrate seamlessly with existing systems while delivering precision and scalability.

Sashank Gondala, co-founder and CTO of FurtherAI, explained the company’s hands-on model: “We’re excited to partner with the insurance industry to unlock real value with AI — automating the busy work and opening new avenues of growth. With our forward-deployed engineering model, insurance teams work side-by-side with an AI engineer to ensure impact at scale.”

Already, the firm’s technology processes billions in premiums annually, powering submissions, policy comparisons, and compliance checks for major industry players such as Accelerant, MSI, and Leavitt Group. Early adopters report measurable improvements, including a 15% boost in submission-to-quote ratios, over 95% accuracy in policy comparisons, and up to tenfold faster proposal generation.

“The FurtherAI team has been a fantastic partner in rapidly standing up complex enterprise workflows,” said Venkat Raman, chief bizOps officer at Accelerant. Similarly, Laurie Flanagan of Leavitt Group noted, “Implementing FurtherAI has been game-changing — faster turnarounds, higher accuracy, and a platform we can keep expanding.”

For Andreessen Horowitz, the investment shows FurtherAI’s potential to boost the sector. “FurtherAI is redefining how insurance gets done,” said Joe Schmidt, Partner at a16z. “Aman and Sashank are technical founders whose customers see them as true AI partners, not just AI tools. Their early traction signals a generational opportunity to transform insurance.”

With this latest funding round, FurtherAI appears well-positioned to boost digital transformation in insurance, as efficiency and expertise finally go hand in hand.