In its pre-seed funding round, which was co-led by Waveform Ventures and Huddle Ventures, B2B financial management platform Valyx received $800,000 in funding.

Bharat Founders Fund and Propell Fund, LetsVenture's in-house VC fund led by Shanti Mohan, were two other notable investors who joined the funding round. The financial returns will be utilized towards drawing in and onboarding new ability for its outreach group, as well as extending its designing group to speed up its item guide.

Valyx, which was founded in the latter half of the year 2023, automates billing and receivables, resulting in faster payments, quicker financial close, and improved cash flow for businesses. Rate card management, usage-based billing, collections, cash application, reconciliation, dispute management, and collaborative receivables tracking are among the services it provides.

Valyx helps finance and sales groups to focus on fortifying their associations with purchasers via mechanizing these pivotal however dreary income and receivables tasks. The startup professes to have handled more than Rs.200 crore in records of sales.

Valyx intends to construct a full-stack AI-powered revenue management platform with B2B payments and financing over the next two years.

Avishek Ray, Founder expresses, “Our immediate focus is on team building and accelerating our product road map,” says Ray. “Our target is to manage $1 billion in receivables within the next 18-24 months. Our vision is to evolve Valyx into a full-stack AI-powered revenue management platform that not only automates billing and accelerates receivables but also optimizes the entire cash flow cycle for businesses.”

“We have built a comprehensive financial management solution that addresses the real-world challenges faced by finance and sales teams. What truly sets us apart is our holistic approach to the entire revenue cycle. From rate card management and usage-based billing to collections and dispute resolution, we’ve automated it all,” Ray adds.