Chargezoom, a Silicoln Slopes, UT-based provider of a platform for AI-powered billing and integrated payments, raised $11.5M in Series A funding.
The round was led by Salt Lake City’s Kickstart Fund, with participation from Motley Fool Ventures, Early Light Ventures, Frazier VC and Adly alongside continued support from SaaS Venture Capital, Stout Street Capital, and Okapi Venture Capital.
The company intends to use the funds to accelerate its expansion and bring new resources to its platform.
Led by CEO and Founder Matt Dubois, Chargezoom is improving the way businesses handle accounts receivables. Empowered by a proprietary dataset and using AI and machine learning, it makes invoicing, cash flow, and customer payments seamless and autonomous.
Previously, the company closed a $2M Seed round in July 2021.
FinSMEs
16/12/2024