HighRadius Named to the 2024 Forbes Cloud 100 Fifth Year in a Row

HighRadius is one of the only fintech SaaS players to be recognized by Forbes consecutively for 5 years.

Houston, TX—August 7, 2024—HighRadius, the leading provider of the Autonomous Finance Platform for the Office of the CFO, has been named to the Forbes 2024 Cloud 100 list for the fifth consecutive year. The list, published by Forbes in collaboration with Bessemer Venture Partners and Salesforce Ventures, ranks the top private SaaS companies.

The Cloud 100 reviews submissions from hundreds of cloud startups and private companies each year. Companies are ranked across four factors: market leadership (35%), estimated valuation (30%), operating metrics (20%), and people & culture (15%). For market leadership, the Cloud 100 enlists the help of a judging panel of public cloud company CEOs who assist in evaluating and ranking their private company peers.

"Our recognition in the Cloud 100 for the 5th consecutive year comes from a maniacal focus on delivering real business value. Finance and IT teams are trapped between the ERP apocalypse of outdated systems and the empty promises of AI hype. HighRadius provides an alternative. We help 1000+ customers save millions across their order to cash, record to report, treasury, B2B payments and accounts payable processes." said Sashi Narahari, CEO of HighRadius.

HighRadius Key Achievements - 

• Consistently ranked as the leading vendor in all third-party analyst evaluations, such as Gartner® Magic Quadrant™ for Invoice to Cash, Hackett Digital World Class® Vendor and IDC Marketscape for Accounts Receivable. 
• Acquired Cforia, a leading provider of billing and collections software
• The platform handles over $10.3 Trillion transactions annually and is designed with native AI to deliver value with 33 patents granted/pending.

“For nine years, the Forbes Cloud 100 list has recognized the leading private cloud companies in the world, from AI to work software, infrastructure to security,” said Alex Konrad, the Forbes editor of the Cloud 100. “This year’s list is the strongest group of standouts yet, with revenue, valuations and growth that will eventually make for historic IPOs.”

The Forbes 2024 Cloud 100 and 20 Rising Stars lists are published online at www.forbes.com/cloud100. Highlights of the list appear in the August/September 2024 issue of Forbes magazine.

About HighRadius

HighRadius offers cloud-based autonomous software designed to revolutionize the office of the CFO. Leveraging AI, RPA, NLP, and connected workspaces, HighRadius’ software automates and optimizes Order-to-Cash, Treasury, Record-to-Report, B2B Payments, and Accounts Payable processes. With 2700+ implementations across 1,000 leading companies, including 3M, Unilever, and Hershey's, HighRadius enables finance teams to achieve operational excellence and measurable business outcomes, enhancing productivity and reducing operational costs, all within six months.

For more information, visit HighRadius’ Website 

About Bessemer Venture Partners

Bessemer Venture Partners helps entrepreneurs lay strong foundations to build and forge long-standing companies. With more than 145 IPOs and 300 portfolio companies in the enterprise, consumer and healthcare spaces, Bessemer supports founders and CEOs from their early days through every stage of growth. Bessemer’s global portfolio has included Pinterest, Shopify, Twilio, Yelp, LinkedIn, PagerDuty, DocuSign, Wix, Fiverr, and Toast and has more than $18 billion of assets under management. Bessemer has teams of investors and partners located in Tel Aviv, Silicon Valley, San Francisco, New York, London, Hong Kong, Boston, and Bangalore. Born from innovations in steel more than a century ago, Bessemer’s storied history has afforded its partners the opportunity to celebrate and scrutinize its best investment decisions (see Memos) and also learn from its mistakes (see Anti-Portfolio). 

About Forbes

Forbes champions success by celebrating those who have made it, and those who aspire to make it. Forbes convenes and curates the most influential leaders and entrepreneurs who are driving change, transforming business and making a significant impact on the world. The Forbes brand today reaches more than 140 million people worldwide through its trusted journalism, signature LIVE and Forbes Virtual events, custom marketing programs and 43 licensed local editions in 69 countries. Forbes Media’s brand extensions include real estate, education and financial services license agreements.

About Salesforce Ventures

Salesforce Ventures helps enterprising founders build companies that reinvent the way the world works. For over 15 years, we’ve invested in and partnered with more than 400 of the world’s most tenacious enterprise software companies from seed to IPO, including Airtable, Databricks, DocuSign, Guild Education, Hopin, monday.com, nCino, Snowflake, Snyk, Stripe, Tanium, and Zoom.We leverage our decades of expertise in the cloud and our long-term relationships with key decision-makers at thousands of businesses around the world to give our portfolio companies an unfair advantage, help them build credibility, and accelerate growth. Salesforce Ventures has a $5BN portfolio of 300+ companies in more than 25 countries, and has offices worldwide, including in San Francisco, Irvine, New York, London, Tokyo, and Sydney.Follow @SalesforceVC and learn more at http://www.salesforceventures.com.

Media Contact:

HighRadius Communications Team

press@highradius.com