Startup profile

Fazeshift

Series ASan Francisco, CA, United States$17M raised

Open roles0
Total raised$17M
Team size11-50
Founded · Stage2023 · Series A

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About the company

What they build and who they serve.

Fazeshift is an AI-native platform deploying autonomous agents that execute end-to-end accounts receivable workflows — invoicing, collections, payment reconciliation, and customer communications — across ERPs, CRMs, email, and payment platforms. Founded in 2023 by Caitlin Leksana and Timmy Galvin and based in San Francisco, the company sits on top of existing finance stacks as a context-and-execution layer, claiming to automate more than 90% of manual AR tasks for enterprise customers including Sigma Computing, Snyk, Meter, and Clipboard Health.

Team & contacts

Key people at the company—reach out on LinkedIn or email.

Why it matters

Signals from funding, traction, and product direction.

  • AI agents automate more than 90% of manual accounts receivable tasks — invoicing, collections, payment matching and reconciliation — by operating on top of existing ERPs, CRMs, email and payment platforms rather than replacing them.
  • Revenue grew 12x in a year after launching from Y Combinator's Summer 2024 batch; now serves dozens of enterprise customers including eight unicorns and one public company — Sigma Computing, Snyk, Meter and Clipboard Health among them.
  • Founded in 2023 by Caitlin Leksana (CEO, ex-BCG consultant and mechanical engineer) and Timmy Galvin (CTO, MIT-trained nuclear submarine officer); the pair met at Harvard Business School after struggling with AR workflows at their prior startup Carma.
  • F-Prime Capital led the $17M Series A with participation from Gradient Ventures (Google's early-stage AI fund), Y Combinator, Wayfinder Ventures, Pioneer Fund, Ritual Capital and angels — bringing total raised since 2023 to $22M.

Funding history

Rounds and investors over time, newest first.

  1. Series A

    $17M
    F-Prime Capital · LeadWayfinder VenturesGradientRitual CapitalY CombinatorPioneer Fund

In the news

Press, announcements, and coverage about this company.

Investors

F-Prime CapitalWayfinder VenturesGradientRitual CapitalY CombinatorPioneer Fund

Focus areas

B2BSeries AAI AgentsEnterprise Software
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