HighRadius Corp — Cyborg Score 8/10

Strong
Accounts receivable automation software

Strategic Profile

HighRadius has been consistently recognized as a leader in both IDC MarketScape and Gartner Magic Quadrant reports, highlighting its strong position and credibility in the finance automation and invoice-to-cash markets. As of May 31, 2026, HighRadius has 4,472 employees and as of February 2026, HighRadius's annual revenue is estimated to be $915M.

Cyborg Score Rationale

HighRadius demonstrates strong market position with 800+ enterprise customers, including Fortune 500 companies, consistent analyst recognition as a leader, and substantial revenue exceeding $900M. The company has raised significant capital ($484M+) and operates an expanding autonomous AI platform. However, as a private company without recent funding announcements since March 2021, growth trajectory visibility is limited.

Top Insights

  • HighRadius raised $125M in funding and hit unicorn status in June 2026
  • Over 800 leading global companies including 3M, Unilever, Anheuser-Busch InBev, Sanofi, Kellogg Company, Danone, and Hershey's are customers
  • Primary sectors are Finance & Accounting Tech and Payments
  • HighRadius has filed 40 patents

Named Competitors

  • Billtrust — Order-to-cash platform for B2B payments and receivables
  • Versapay — Payment automation and accounts receivable solutions
  • Paymerang — AP automation and payment processing platform
  • Cforia — Financial automation and accounts receivable solutions

Recent Developments

  • (June 2026) Raised $125M in funding, achieving unicorn status
  • (February 2026) Launched $0 Implementation Fee, $0 Subscription Fee via Outcome Based Pricing for oCFO Software
  • (April 2025) Named a Challenger in the 2025 Gartner Magic Quadrant for Financial Close and Consolidation Solutions
  • (December 2024) Named IDC MarketScape Leader in Accounts Receivable Automation Software

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