Paris startup Cleavr raises $1M for accounts receivable automation
Cleavr, a Paris-based developer of AI-powered accounts receivable software, has raised $1 million in pre-seed funding to expand product development and scale across Europe. The round included backing from Kima Ventures, Better Angle, Another VC, Aonia Ventures, and Super Capital, along with angel investors.
The platform automates cash collection workflows that finance teams typically handle manually. It integrates with invoicing systems and handles multichannel payment follow-ups, AI-driven calls, dispute resolution, payment reconciliation, and litigation coordination.
The problem Cleavr targets
European finance teams spend substantial time chasing late payments and managing collection processes. Existing software solutions have automated initial payment reminders but leave the rest of the workflow manual-a gap that Cleavr aims to fill.
Early customers including Skello, Swile, and Greenly have reported a 37% reduction in Days Sales Outstanding and a 40% increase in cash flow. The platform automates approximately 80% of manual finance tasks in the collection cycle.
What the funding covers
Cleavr will use the capital to develop its product further and expand adoption across France and European markets. The company describes its platform as an "AI coworker" that handles the entire cash collection process from invoice to payment reconciliation.
For product professionals, this funding round reflects investor confidence in AI Agents & Automation for back-office operations. The early customer metrics suggest measurable ROI-a key consideration for teams evaluating similar solutions in AI for Finance.
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