# Fazeshift

> Fazeshift is a San Francisco AI company building autonomous agents that run the accounts receivable process end to end - generating invoices, matching payments, chasing collections, reconciling cash and updating systems of record. Founded in 2023 by Caitlin Leksana and Timmy Galvin and launched out of Y Combinator's Summer 2024 batch, the company sits as an intelligent control layer across ERPs, CRMs, bank portals and email, and says it now automates more than 90% of manual AR work for its enterprise customers.

- **Founded:** 2023
- **Headquarters:** San Francisco, California, United States
- **Founders:** Caitlin Leksana (Co-Founder & CEO), Timmy Galvin (Co-Founder & CTO)
- **Team size:** ~30 employees
- **Products:** Fazeshift AI AR Platform, Collections & Dunning Automation, Cash Application & Reconciliation
- **Notable:** Grew revenue 12x in a single year following its YC S24 launch, Raised $22M total, including a $17M Series A led by F-Prime Capital (May 2026), Automates more than 90% of manual AR tasks across its customer base

## Products & services

- **Fazeshift AI AR Platform** — AI agents that run end-to-end accounts receivable - invoice generation, payment matching, cash application, reconciliation, collections and system updates - operating as an intelligent control layer on top of ERPs, CRMs, bank portals and email.
- **Collections & Dunning Automation** — AI-driven, multi-channel customer communication that sends reminders, dunning letters and escalations based on payer behavior to reduce days sales outstanding (DSO).
- **Cash Application & Reconciliation** — Automated matching of incoming payments to open invoices, including complex parent-child accounts and variable billing terms.

## Achievements

- Grew revenue 12x in a single year following its YC S24 launch
- Raised $22M total, including a $17M Series A led by F-Prime Capital (May 2026)
- Automates more than 90% of manual AR tasks across its customer base
- Serves eight unicorn companies and a public company among dozens of enterprise customers

## Latest updates

- **2026-05** — Raised a $17M Series A led by F-Prime Capital, bringing total funding to $22M.
- **2025-01** — Closed a $4M seed round led by Gradient Ventures, Google's AI fund.
- **2024-06** — Launched out of Y Combinator's Summer 2024 batch.

## Links

- Website: https://fazeshift.com
- LinkedIn: https://www.linkedin.com/company/fazeshift

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Profile page: https://yespress.io/fazeshift
Published by YesPress — https://yespress.io
Last updated: 2026-07-12