CB Insights Recognizes HighRadius on 2020 Fintech 250 List of Fastest-Growing Startups
Summary
Through an evidence-based approach, the CB Insights Intelligence Unit selected the Fintech 250 from a pool of 16,000 companies, including applicants and nominees, based on several factors. These factors include patent activity, investor quality, news sentiment analysis, proprietary Mosaic scores, market potential, partnerships, competitive landscape, team strength, and tech novelty. This years Fintech 250 represents 25 countries and spans 19 categories -- reimagining everything from retail banking and crypto, to insurance and asset management,” said CB Insights CEO Anand Sanwal. “The previous Fintech 250 class raised more than $22 billion in investor financing and saw more than 20 exits after being recognized, and we expect this years class will have similar success as they continue to transform how people and businesses spend, save, borrow, and invest their money.” HighRadius began 2020 in a big way, becoming Houston’s first unicorn of the year after raising $125 million in a Series B growth funding round led by ICONIQ Capital, with participation from existing investors Susquehanna Growth Equity and Citi Ventures. HighRadius solutions have a proven track record of optimizing cash flow, reducing days sales outstanding (DSO) and bad debt, and increasing operational efficiency so that companies may achieve strong ROI in just a few months.
Classifications
AskAI Classifications
LabelsLinked Companies
