Case Study: Double Robotics gets paid instantly and slashes accounts receivable burden with Balance

Double Robotics Makes Payments Easy for Institutional Customers

Double Robotics, a technology startup that makes iPad‑based telepresence robots (Double and Double2), sells high‑value devices to large institutional customers such as universities and government organizations. Those buyers often rely on traditional payment methods like wire transfers and paper checks and have long payment cycles, creating significant payment delays for Double Robotics until they adopted Balance’s payment financing/processing solution.

Using Balance, Double Robotics can invoice institutional buyers while Balance performs a risk assessment and pays Double instantly, providing a frictionless buyer experience. The Balance solution lowered Double Robotics’ accounts receivable burden by hundreds of thousands of dollars, removed transactional risk, and eliminated the overhead of collections, reconciliation, and settlement for Balance‑financed transactions.

Double Robotics

David Cann

CEO