Breaking News
Business

Stigg Acquires Israeli Startup Received.ai to Expand AI Billing Platform

Israeli AI firm Stigg acquires Tel Aviv startup Received.ai, integrating usage-based invoicing and contract management to boost its AI billing platform.

Content type: Breaking NewsSource: TPS

Jerusalem, 19 August, 2026 (TPS-IL) — Israeli AI infrastructure company Stigg has acquired Tel Aviv-based startup Received.ai, which develops usage-based invoicing and contract management technology. The acquisition integrates Received.ai’s technology into Stigg’s platform, enabling AI and enterprise software companies to manage contracts, customer entitlements and invoices in one system.

The platform works alongside billing services including U.S. companies Stripe, NetSuite and Checkout.com, as well as Australian fintech Airwallex. Received.ai’s technology is already fully integrated into Stigg, with new capabilities now in public beta.