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Tesorio raises $17m in Series B funding

San Francisco based accounts receivable management startup raised $17m in Series B funding led by BAMCAP Ventures.

“Cash is becoming the number one priority for all organizations. The industry’s main competitor is the inertia of doing it the old way, despite it being manual, error-prone, and highly inefficient … All of a sudden, [tools like automation] have gone from vitamin to painkiller,”

Tags

accounts receivable, b2b