Causa Prima has raised $20 million to expand software that lets AI agents negotiate billing and payment terms between companies, aiming to cut delays in accounts payable.
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01Summary
- 01Delaware-based Causa Prima announced a $20 million seed round on Tuesday, bringing its total funding to $30 million after a previous $10 million pre-seed round.
- 02Base10 Partners led the round, with participation from QED Investors, FJ Labs, Creandum, Kfund and Borusan Ventures.
- 03The company, founded by German entrepreneurs Maex Ament, Henrik Gebbing and Philip Stanislaus, has 25 employees in Madrid and Munich.
- 04Causa Prima plans to open a New York office as it expands into the United States.
- 05The firm says it earns money by taking a cut when its agents successfully negotiate early payments between buyers and suppliers.
02Why it matters
The funding shows how quickly AI is moving from internal office tools to software that can handle transactions between firms. If it works, it could speed up payments and reduce disputes in a huge part of business finance.
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