"Tarek Alaruri asked me: Have you ever seen the TV show Dirty Jobs? I absolutely have, but if you haven't-it's a rollicking reality TV jaunt through some of the messiest jobs out there. There are rattlesnake catchers, sure, but there are also a deluge of examples of industrial jobs like pipefitting, car crushing, and concrete chipping. "Those are our customers," Alaruri says proudly."
""These companies actually need the revenue to pay bonuses. They actually need the revenue to pay holiday bonuses, and need to hire more people to scale their growth." Alaruri cofounded Stuut (a name drawn from a South African rugby term meaning "prop" or "to hold up") with Ben Winter and Miraj Mohsin in 2024. Stuut uses AI to automate accounts receivable, including invoice follow-up, tasks around payment reconciliation, and keeping human employees alerted."
Stuut uses AI to automate accounts receivable workflows such as invoice follow-up, payment reconciliation, and human alerts. The startup focuses on industrial and non-tech customers where timely collections are critical to operations and payroll, and where manual collection can cost up to 5% of EBITDA. Founders are Tarek Alaruri, Ben Winter, and Miraj Mohsin; the name comes from a South African rugby term meaning "prop" or "to hold up." Customers include Honeywell, PerkinElmer, Verifone, Wayfair, Active International, and Greenlight Guru. Stuut raised a $29.5 million Series A led by Andreessen Horowitz with multiple participating investors.
Read at Fortune
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