HighRadius

Houston, United States Founded: 2006 • Age: 20 yrs
Autonomous finance and payment solutions are provided to businesses.
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About HighRadius

HighRadius is a company based in Houston (United States) founded in 2006 by Sashi Narahari.. HighRadius has raised $484 million across 4 funding rounds from investors including PNC, Tiger Global and Susquehanna Growth Equity. The company has 3,465 employees as of April 03, 2024. HighRadius has completed 1 acquisition, including Cforia Software. HighRadius operates in a competitive market with competitors including Razorpay, Flutterwave, Square, BlackLine and Wolters Kluwer, among others.

  • Headquarter Houston, United States
  • Employees 3465 as on 03 Apr, 2024
  • Founders Sashi Narahari
  • Stage Unicorn
  • Sectors
    Technology
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Highradius Technologies Private Limited
  • Date of Incorporation 24 May, 2007
  • Jurisdiction Shaikpet, Telangana, India
Operational Areas
Technology → Marketing, Adtech & Commerce Technology
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
    $101.26 M (USD)
    53.4
    as on Mar 31, 2023
  • Net Profit
    $10.78 M (USD)
    61.3
    as on Mar 31, 2023
  • EBITDA
    $13.28 M (USD)
    60.15
    as on Mar 31, 2023
  • Total Equity Funding
    $484 M (USD)

    in 4 rounds

  • Latest Funding Round
    $300 M (USD), Series C

    Mar 30, 2021

  • Investors
    PNC

    & 9 more

  • Employee Count
    3465

    as on Apr 03, 2024

  • Investments & Acquisitions
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People of HighRadius
Headcount 1000-5000
Employee Profiles 235
Board Members and Advisors 4
Employee Profiles
People
Rajarshi Sarker
Senior Financial Technology Advisor
People
Stella Tran
VP, People and Culture
People
Vikram Padigala
Principal Product Manager
People
Prathmesh Urad
Senior Enterprise Financial Technology Advisor ( Sr. Ent Business Development Manager)

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Board Members and Advisors
people
Sreedhar Narahari
Director
people
Amir Goldman
Director
people
Ben Weinberg
Director
people
Will Griffith
Director

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Funding Insights of HighRadius

HighRadius has successfully raised a total of $484M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $300 million completed in March 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 4
  • Last Round Series C — $300.0M
  • First Round

    (15 Sep 2017)

  • Investors Count 10
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2021 Amount Series C - HighRadius Valuation Tiger Global Management
Dec, 2019 Amount Series B - HighRadius Valuation Iconiq Capital
Feb, 2018 Amount Series A - HighRadius Valuation PNC , Citi Ventures
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in HighRadius

HighRadius has secured backing from 10 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include PNC, Tiger Global and Susquehanna Growth Equity. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture and private equity investments are managed with global diversification.
Founded Year Domain Location
Private equity firm
Founded Year Domain Location
Provider of investment management and real asset services
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by HighRadius

HighRadius has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Cforia Software. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Order-to-cash and accounts receivable automation solutions are offered.
2001
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - HighRadius

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Highradius Comparisons

Employees
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Competitors of HighRadius

HighRadius operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Razorpay, Flutterwave, Square, BlackLine and Wolters Kluwer, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Payment and business banking solutions are provided for enterprises.
domain founded_year HQ Location
Provider of payment processing solutions for businesses
domain founded_year HQ Location
POS solutions are provided for retail businesses.
domain founded_year HQ Location
AI-based accounting processes are automated for businesses.
domain founded_year HQ Location
Enterprise legal processes are managed via an AI-powered platform.
domain founded_year HQ Location
Omnichannel payment solutions, loyalty programs, and business tools are provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Highradius

Frequently Asked Questions about HighRadius

When was HighRadius founded?

HighRadius was founded in 2006 and raised its 1st funding round 11 years after it was founded.

Where is HighRadius located?

HighRadius is headquartered in Houston, United States. It is registered at Houston, Texas, United States.

Who is the current CEO of HighRadius?

Sashi Narahari is the current CEO of HighRadius. They have also founded this company.

Is HighRadius a funded company?

HighRadius is a funded company, having raised a total of $484M across 4 funding rounds to date.

How many employees does HighRadius have?

As of Apr 03, 2024, the latest employee count at HighRadius is 3,465.

What is the annual revenue of HighRadius?

Annual revenue of HighRadius is $101.26M as on Mar 31, 2023.

What does HighRadius do?

HighRadius was founded in 2006 and is headquartered in Houston, United States. Autonomous finance and payment solutions are offered by the company within the fintech sector. Services encompass B2B payments, accounts payable automation, order-to-cash management, treasury operations, and record-to-report processes. These tools are utilized by customers to handle working capital and streamline financial workflows across various industries.

Who are the top competitors of HighRadius?

HighRadius's top competitors include Razorpay, Flutterwave and BlackLine.

How many acquisitions has HighRadius made?

HighRadius has made 1 acquisition, including Cforia Software.

Who are HighRadius's investors?

HighRadius has 10 investors. Key investors include PNC, Tiger Global, Susquehanna Growth Equity, Frank Slootman, and Michael Scarpelli.

What is HighRadius's valuation?

The valuation of HighRadius is $3.1B as of Mar 2021.

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