# Growfin

> Growfin is a B2B SaaS company that builds an AI-powered accounts receivable (AR) automation platform - effectively a 'Finance CRM' - that helps finance teams track invoices, automate collections, match and post payments, and forecast cash inflow. Founded in 2020 by ex-Freshworks product and engineering leaders Aravind Gopalan and Raja Jayaraman, the company connects finance, sales, and customer success teams to accelerate cash collection and give CFOs visibility and predictability over receivables.

- **Founded:** 2020
- **Headquarters:** San Francisco, California, United States
- **Founders:** Aravind Gopalan (Co-Founder & CEO), Raja Jayaraman (Co-Founder)
- **Team size:** ~110 employees
- **Products:** Collections CRM, Cash Application, AR Analytics & Reporting
- **Notable:** Helped clients collect over $1 billion in accounts receivable, 8x customer growth in the 12 months preceding its Series A, Raised $8.9M total across seed and Series A

## Products & services

- **Collections CRM** — AI-driven collections automation that prioritizes risky accounts, automates follow-ups, and lets finance, sales and CS teams collaborate on getting paid.
- **Cash Application** — AI that extracts remittance data, matches and posts payments automatically, reducing manual reconciliation.
- **AR Analytics & Reporting** — 100+ reports for Aging, DSO, ADP and collections activity, plus an AI-based Customer Health Score to flag risky payers.

## Achievements

- Helped clients collect over $1 billion in accounts receivable
- 8x customer growth in the 12 months preceding its Series A
- Raised $8.9M total across seed and Series A
- G2 badges including Momentum Leader and 'Easiest To Do Business With'
- SOC, GDPR and CCPA compliance

## Latest updates

- **2023-03** — Raised $7.5M Series A led by SWC Global; expanded further into US and Asia markets.
- **2024-01** — Reported ~$3.8M annual revenue, up sharply from prior years.

## Links

- Website: https://www.growfin.ai
- LinkedIn: https://www.linkedin.com/company/growfinapp
- Twitter/X: https://twitter.com/GrowfinApp
- Facebook: https://www.facebook.com/profile.php

---

Profile page: https://yespress.io/growfin
Published by YesPress — https://yespress.io
Last updated: 2026-07-11