Receivables automation platform Valyx raises $800-K in pre-seed round

Valyx , a Bengaluru-based platform specialising in B2B revenue and receivables automation, has raised USD 800,000 in a pre-seed funding round.The investment was co-led by Huddle Ventures and Waveform Ventures. The round also saw participation of Bharat Founders Fund and Propell Fund.Valyx, founded in late 2023, automates billing and receivables to accelerate payments and improve cash flow for businesses. Its offerings include rate card management, usage-based billing, collections, cash application, reconciliation, dispute management and collaborative receivables tracking.