Cleavr raises 1M€ to automate the cash collection process
Cleavr raises €1M to automate accounts receivable
Arthur G.
We are announcing a pre-seed fundraise of €1 million, alongside Kima Ventures, Better Angle, Another VC, Aonia Ventures, Super Capital, and business angels from Pennylane, MyUnisoft, Convelio, and others.
The problem nobody has truly solved
94% of French companies experience late payments — and to try to reduce them, finance teams spend hours managing accounts receivable manually.
Financial management tools have evolved significantly over the past ten years. Yet accounts receivable management has remained one of the most manual processes for European businesses: follow-ups, collections, disputes, litigation...
Legacy software has only solved 20% of the problem: it gave finance teams better tracking dashboards, without ever truly automating the work. Finance teams continue to spend dozens of hours per month on repetitive tasks that tie up cash.
Cleavr: an autonomous AI coworker, not just another manual tool
We made a different choice: building an AI coworker that truly automates accounts receivable management.
Concretely, Cleavr follows up with your customers in a personalized and autonomous way across all channels, makes calls, handles responses, detects disputes, negotiates payment terms, reconciles invoices and manages litigation with our partner bailiffs and lawyers.
Results observed with our customers:
−80% manual tasks
+40% cash flow
−37% DSO
We already work with companies like Skello, Greenly, Swile, iii Financements, and others.
Our ambition
We don't just want to improve accounts receivable management. We want to eliminate the concept of late payments in Europe.
In the long run, Cleavr aims to become the invisible infrastructure that streamlines financial exchanges between businesses, making accounts receivable management safer, simpler and more human.
This €1 million will allow us to accelerate our product development and continue helping French and European businesses.
Ready to automate your collections?
Try Cleavr and start collecting more revenue in just a few days.