Paris-based Cleavr, an AI platform designed to automate the accounts receivable cycle for finance teams, has successfully raised $1.15 million in a pre-seed funding round. This strategic investment will fuel the company's accelerated deployment across France and lay the groundwork for its planned European expansion in 2026. The funding highlights growing investor interest in AI-driven solutions that address persistent cash flow challenges for businesses of all sizes.
Addressing a Persistent Financial Challenge
Late payments represent a significant and ongoing issue for businesses, with studies indicating that 94% of French companies lose money monthly due to unpaid invoices. Legacy software has offered limited relief, typically automating only 20% of the collection process and leaving finance teams with manual, repetitive tasks. This gap in automation creates a substantial operational burden and directly impacts corporate cash flow and financial stability.
An Autonomous AI-Powered Solution
Cleavr positions its platform not as another tool but as an autonomous AI coworker that manages the entire collection cycle from start to finish. The system handles multi-channel reminders via email, SMS, and AI-powered calls, engages with debtors, and processes payment promises. By automating up to 80% of these tasks, it frees up finance teams to concentrate on more complex, high-value cases.
The platform's AI is designed to be truly collaborative, identifying the correct contacts within a client's organization and managing dispute resolution and payment reconciliation. According to CEO Baptiste Nassoy, the goal is to provide every company with the collection rigor of a large finance department. This comprehensive approach has already demonstrated tangible results, with clients reporting an average 37% reduction in their Days Sales Outstanding.
Securing Strategic Investor Confidence
The $1.15 million round attracted support from notable venture capital firms, including Kima Ventures and Better Angle. The investment also includes backing from prominent business angels such as Raphaël Nahum, CFO of Pennylane, and Régis Samuel, CEO of MyUnisoft. This diverse group of investors signals strong confidence in Cleavr's technology and its significant market potential.
Investor Raphaël Nahum highlighted the platform's unique value, stating that Cleavr resolves collection issues through a truly collaborative AI where traditional tools fail. He emphasized that the technology makes collection simple and intelligent, making it accessible to all companies without needing a dedicated team. Nahum views Cleavr as a critical component for fully digitizing accounts receivable for European businesses.
Market Context and Future Ambitions
Cleavr's funding is part of a larger trend of investment in European fintech solutions aimed at automating finance operations. While modest in comparison to larger rounds, it aligns with significant funding for companies like Paraglide and Donnerstag.ai focused on similar challenges. This broader market activity underscores a growing focus on leveraging AI to improve invoicing and cash flow management.
With this new capital, Cleavr plans to enhance its product and accelerate its commercial rollout in France, where it already serves clients like Skello and Greenly. The company has a clear long-term vision to eliminate the concept of late payments in Europe. Its internationalization strategy is set to begin in 2026, aiming to establish Cleavr as a core infrastructure for B2B financial exchanges.
This $1.15 million pre-seed funding marks a pivotal moment for Cleavr, enabling it to scale its innovative solution for a widespread business problem. By automating the complexities of accounts receivable, the company is well-positioned to enhance financial efficiency for French businesses. As it prepares for European expansion, Cleavr's AI-driven approach could play a significant role in reshaping cash flow management across the continent.