Fazeshift Lands Amex Ventures Investment for Autonomous Finance Platform
Fazeshift, an AI finance startup, has secured an investment from Amex Ventures, the corporate venture capital arm of American Express.
The investment will support product development and team expansion as Fazeshift moves beyond accounts receivable to a broader autonomous finance platform.
This is in addition to the $22 million Series A raised earlier this year by F-Prime with participation from Gradient, Y Combinator, Wayfinder, Pioneer Fund, Ritual Capital, and other investors.
Fazeshift's AI-native platform uses autonomous agents to execute finance workflows traditionally handled through manual processes. The company initially focused on accounts receivable, automating functions including invoicing, payment reconciliation, and collections across software systems used by corporate finance teams.