Stigg Acquires Received.ai to Enhance Contract-to-Invoice Automation for AI and SaaS Companies
Summary
Stigg acquired Received.ai to strengthen its contract-to-invoice automation for AI and SaaS companies. The deal adds usage-based invoicing, contract management, entitlement provisioning, and flexible billing schedules to Stigg’s platform. Stigg also brought Received.ai founder and CTO Shai Betito into the company as VP of Engineering to lead integration. The new contract management and invoicing features are already in public beta, with broader availability planned through 2026.
AskAI Classifications
Sectors
Fintech, Banking and Payments
General Fintech
Functions
Accounting and Taxes
Developer and IT Infrastructure
Billing/Invoicing
Linked Companies
Received AI
$1M to $5M
Stigg Inc
$1M to $5M