What it sells
Modernises receivables
Business model breakdown
Buyer: who owns the budget?
UnverifiedController / accounting and AR leaders at ERP-based distributors, contractors and building-materials businesses (lumber yards, ready-mix, mechanical contractors).
Trigger: what makes them buy now?
Slow collections and manual cash application, e.g. CBG Draft Services went from 35 distributor accounts to 3,500 direct customers after a 2024 NC law change and was losing money to bad debt.
Workflow: what inputs become what output?
Automates invoice-to-cash inside the customer's ERP: delivers invoices from the ERP, collects payments, applies cash to open invoices automatically, sends reminders.
Economics: what it saves and how it charges
Claims 35% average DSO reduction, 99% automatic cash-application match rate, and a 95% bad-debt cut at CBG Draft Services; revenue model (likely platform fee plus payment processing) not stated.
Distribution: how it reaches customers
Demo-led ('Book a Free Demo') and via certified ERP-vendor partnerships.
Funding history and coverage
| Round date | Stage | Amount | Investors | Source |
|---|---|---|---|---|
| 2026-02-19 | Growth | $15M | Edison Partners | news.google.com |
Profiles summarize public reporting and company websites. Business-model notes are MaxBC's reading of that material, not confirmed facts; unknowns are left blank rather than guessed. Updated 2026-10-12.