Valyx, a B2B financial management platform, has successfully raised $800K in its pre-seed funding round. The round was co-led by Huddle Ventures and Waveform Ventures, with additional investments from Bharat Founders Fund and Propell Fund, the in-house VC fund of LetsVenture led by Shanti Mohan.

The new funds will be strategically utilized to recruit top talent for Valyx’s sales and engineering teams, accelerating the company’s product development and market presence.

Launched in late 2023, Valyx specializes in automating billing and receivables processes, aiming to streamline payments, financial close, and cash flow management for businesses. The platform’s comprehensive suite includes rate card management, usage-based billing, collections, cash application, reconciliation, dispute management, and collaborative receivables tracking.

By automating these repetitive financial operations, Valyx empowers finance and sales teams to focus on nurturing buyer relationships, enhancing overall efficiency. To date, the startup has managed over Rs 200 crore in accounts receivable.

Looking ahead, Valyx plans to develop a full-stack AI-powered revenue management platform within the next two years. This ambitious vision includes integrating B2B payments and financing to further optimize revenue management for its clients.