Photon Commerce

Photon Commerce provides white-labeled AI-as-a-Service to B2B SaaS providers, enabling them to bring new instant product experiences to market, such as 1-click bill pay and document understanding.

FIS, Brex, Rho, and other fintech leaders rely on Photon's generative B2B AI for instant Accounts Payable, Accounts Receivable, and other intelligent financial services. It has automated the processing of $23B in GMV.

The team is from Visa, SAP, AvidXchange, and unicorn or exited startups. Photon is headquartered in San Francisco and backed by AngelList Fund and Village Global, a venture firm funded by Jeff Bezos, Bill Gates, and other industry leaders.

Photon addresses the $45B problem of manual invoices, bills, and payments. 75% of all invoices and bills in the US are manually processed and paid, leading to each invoice costing between $18-35 to process and pay.

Photon's AI automatically captures, understands, approves, verifies, and pays invoices, bills, and other related B2B documents. Photon Commerce is like Plaid for B2B transactions, bringing AI as a Service to B2B Software Providers and Service Providers so that they can quickly offer AI OCR capability to their customers which re-digitizes transactions and at the same time provides a multi-layer platform designed to offer a number of AI capabilities first gathering business data then learning about the data and producing value with Generative AI for business.

Photon's contracts charge based on minimum monthly and annual billing, then volume based tiers above the minimum. Typical contracts are between $18k - $300k ACV.

Village Global, Nasdaq Entrepreneurial Center