Cleavr raises €8M seed to automate Europe's invoice chasing
What's the deal? CleavrDealroom has a profile for this one. Try Dealroom →, a Paris-based fintech that automates accounts receivable with AI, has raised €8 million in a seed round led by VarsityDealroom has a profile for this one. Try Dealroom →. Kima Ventures, Better AngleDealroom has a profile for this one. Try Dealroom →, Portfolio VenturesDealroom has a profile for this one. Try Dealroom →, KeralaDealroom has a profile for this one. Try Dealroom →, and Financière Saint JamesDealroom has a profile for this one. Try Dealroom → also joined.
What does it do? The platform handles the invoice collection process end to end — from payment reminders to dispute resolution. It integrates with existing ERP systems to manage email, phone, and SMS follow-ups, aiming to reduce days sales outstanding for customers.
Why now? The round lands just six months after Cleavr's pre-seed and uses autonomous AI agents to cut payment delays. The company says the technology shrinks follow-up delays by 37%.
What's the endgame? Founded in 2025 by Baptiste Nassoy, Arthur Guerin, and Antoine Grenard, Cleavr plans to put the capital toward product development, expanding its sales team, and scaling across Europe.
By the numbers: At €8 million, the round sits in the top 4% of all seed rounds raised by French fintech startups, based on a sample of 563 comparable deals.
The signal: Late payments remain a persistent drag on business cash flow, and investors are betting that autonomous AI agents can take over the slow, manual work of chasing them. A seed round this size — above most of its French fintech peers — signals confidence that collection is a problem worth automating at scale.
Read more: thesaasnews.com
Image credit: Cleavr
