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HighRadius raises $300M, triples valuation to $3.1B for AI-powered fintech software



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HighRadius, which has developed AI-powered fintech software, announced Tuesday it has raised $300 million in a Series C funding round led by D1 Capital and Tiger Global.
The round values Houston-based HighRadius at $3.1 billion, triple its valuation of “more than $1 billion” at the time of its $125 million Series B in January of 2020. With this latest financing, HighRadius has raised $475 million in funding.
Existing backers ICONIQ Growth and Susquehanna Growth Equity also participated in the round along with a slew of high-profile CEOs, including Snowflake Chairman and CEO Frank Slootman; Snowflake CFO Michael Scarpelli; Procore Technologies CEO Tooey Courtemanche and Airtable co-founder …

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