Slope, a San Francisco, CA-based B2B payments platform for enterprise companies, raised $30m in equity funding.
The round, which brought Slope’s combined equity and debt funding to $187m, was led by Union Square Ventures, with participation from OpenAI’s Sam Altman, Jack Altman from Lattice, Alex Bouaziz from Deel, Mathilde Collin from Front, Michael Tannenbaum from Brex, and Rujul Zaparde from Zip.
The company intends to use the funds to scale its AI-driven order-to-cash workflow automation for B2B enterprises.
Led by Lawrence Lin Murata, CEO, Slope is a B2B payments platform offering order-to-cash workflow automation for enterprise companies. It enables businesses to manage transactions, optimize payment processes, and enhance customer experiences by integrating AI tools into the order-to-cash workflow. The system uses generative AI to power B2B checkout, customer and vendor risk assessment, payment reconciliation, and cash management. The company’s solutions are used by companies like Fiserv (NYSE: FI).
FinSMEs
27/09/2023