Cleavr, a Paris-based developer of an AI-powered accounts receivable automation platform, has raised $1 million in pre-seed funding to accelerate product development and expand across France and broader European markets.
The round was backed by Kima Ventures, Better Angle, Another VC, Aonia Ventures, and Super Capital, along with several angel investors.
Cleavr is building what it describes as an “AI coworker” designed to automate the entire accounts receivable and cash collection process. The platform integrates with invoicing systems and handles tasks such as multichannel payment follow-ups, AI-driven calls, dispute resolution, payment reconciliation, and litigation coordination.
The company is targeting a long-standing challenge for businesses, particularly in Europe, where finance teams still spend significant time manually chasing payments and managing collections workflows. Traditional software solutions have only partially addressed the problem by automating initial reminders, leaving much of the process manual.
According to the company, early customers, including Skello, Swile, and Greenly, have reported measurable improvements. These include a 37% reduction in Days Sales Outstanding and a 40% increase in cash flow, driven by automating approximately 80% of manual finance tasks.
The new funding will be used to further develop the product and scale adoption, with a focus on reducing late payments and improving cash flow efficiency for businesses across the region.
KEY QUOTE:
“The Cleavr team is incredibly proud to announce a $1M funding round to build an AI Agent for Cash Collection. Accounts Receivables is one of the most painful processes for European businesses, finance teams spend hours chasing payments, managing litigation, reconciling invoices, … Legacy software has only solved 20% of the problem because they only automated the sending of initial email reminders. Everything behind that still has to be managed manually. That’s why we’re building the first AI coworker that automatically collects your cash. Concretely, we connect to your invoicing tool and automate the entire cash collection cycle: multichannel follow-ups, AI calls, response management, dispute handling, payment matching, litigation management… We are super excited to share this new milestone, alongside strong support from incredible investors, including Kima Ventures, Better Angle, another.vc, Aonia Ventures, Super Capital and business angels…”
Cleavr Team Announcement on LinkedIn
