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    Home»Startups»French startup Cleavr raises €1 million to automate accounts receivable workflows with AI
    Startups

    French startup Cleavr raises €1 million to automate accounts receivable workflows with AI

    Editor Times FeaturedBy Editor Times FeaturedMarch 19, 2026No Comments3 Mins Read
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    Paris-based Cleavr, an AI collaborator able to aiding finance groups throughout all the assortment cycle, has raised €1 million to speed up deployment in France and put together for European enlargement beginning in 2026.

    The spherical was supported by investments from Kima Ventures, Higher Angle, Raphaël Nahum (CFO of Pennylane), Régis Samuel (CEO of MyUnisoft), and Olivier Brourhant (CEO of Mantu).

    “Our ambition is straightforward: to provide each firm the gathering rigor of a giant finance division. By taking cost of 80% of duties – reminders, reconciliation (lettrage), dispute administration … our AI ensures the follow-up of 100% of invoices and frees up groups to concentrate on complicated circumstances with excessive added worth,” says Baptiste Nassoy, CEO and co-founder of Cleavr.

    Cleavr’s increase positions it inside a broader wave of European funding into finance operations and cash-flow tooling.

    Comparable rounds embody Paraglide in Malmö, which secured €4.2 million to develop AI brokers for accounts receivable, and Frankfurt-based Donnerstag.ai, which raised €4.3 million to increase throughout the DACH area.

    In adjoining segments, Mimo raised €7.7 million to construct out B2B funds and cash-flow administration infrastructure, whereas Milan-based Sibill secured €12 million for its SME-focused finance platform.

    Notably, in the identical metropolis as Cleavr, Pennylane raised €175 million to scale its accounting and monetary administration platform, highlighting vital capital focus in Paris.

    Altogether, these rounds symbolize roughly €203.2 million in funding throughout the sector, indicating that Cleavr’s increase is relatively modest however aligned with a rising concentrate on automating receivables, invoicing, and broader finance workflows via AI.

    “Cleavr’s strategy is exclusive as a result of it doesn’t simply ship reminders, it resolves the gathering challenge because of a very collaborative AI. I selected to take a position as a result of the staff succeeded the place conventional instruments fail: making assortment easy, clever, and accessible to all corporations, with out mobilising a devoted staff. Cleavr is the lacking piece to totally digitise the accounts receivable of European corporations,” provides Raphaël Nahum, CFO of Pennylane.

    Based in 2025, Cleavr is an AI coworker that collects money robotically. Related to the corporate’s ERP, their AI manages all the pieces autonomously: from Day 1 post-invoicing to cost receipt. This consists of follow-ups, AI calls, replies, figuring out the best contacts, cost matching, credit score notes, disputes and authorized collections.

    The AI reportedly identifies overdue invoices, engages in dialogue with debtors, solutions their questions, and processes cost guarantees. Due to its steady studying, it adapts the timing and the reminder channel to every shopper, and is aware of when to switch a file to a human collaborator.

    Based on the OpinionWay research for GoCardless, 94% of corporations report dropping cash each month because of unpaid invoices, and 65% of enterprise leaders anticipate a worsening of the scenario in 2026.

    As per Cleavr, conventional instruments automate on common solely 20% of the gathering course of: inflexible reminder situations, with out the capability for dialogue.

    Cleavr’s AI allegedly addresses this by managing multi-channel reminders (electronic mail, name, SMS), identifies the best interlocutors (accounting, N+1, CFO), processes cost guarantees, handles reconciliation, and intelligently escalates to authorized restoration when needed.

    On common, Cleavr’s shoppers see a 37% discount of their DSO throughout the first few weeks of use.

    Due to this funding spherical, Cleavr intends to speed up its improvement to fulfill the money move challenges of European corporations. The startup is already making ready its internationalisation technique with a deployment objective throughout all of Europe beginning in 2026.





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