Cleavr, an AI-driven platform focused on accounts receivable management, has raised €1 million in a funding round backed by Kima Ventures, Better Angle, and several industry operators including Raphaël Nahum, Régis Samuel, and Olivier Brourhant.
The company is developing tools to automate collections processes and help businesses address persistent challenges related to late payments and cash flow management.
What The Company Does
Cleavr provides an AI-powered solution that supports finance teams across the full accounts receivable cycle. Its platform automates key tasks such as payment reminders, reconciliation, and dispute handling, reducing the need for manual intervention.
Unlike traditional systems that rely on predefined workflows, Cleavr uses AI to manage communication dynamically. It engages with debtors across multiple channels, identifies the appropriate contacts, tracks payment commitments, and escalates cases when required.
The platform integrates with existing accounting and ERP systems, allowing companies to monitor outstanding invoices and manage interactions from a centralized interface. Over time, it refines communication strategies based on outcomes, improving the efficiency of collections.
By automating follow-ups and maintaining consistent engagement, Cleavr enables businesses to manage receivables without significantly expanding their finance teams.
Advertisement
Market Context / Industry Background
Late payments remain a widespread issue across industries, particularly for small and medium-sized businesses. Delayed or missed payments can create significant cash flow constraints and increase financial risk, often requiring dedicated resources to manage collections.
Traditional accounts receivable tools are typically limited in their ability to adapt to different debtor behaviors, relying on static workflows that may not optimize outcomes. As a result, companies are increasingly exploring AI-based solutions that can personalize communication and automate decision-making processes.
The shift toward automation in financial operations reflects a broader trend of using AI to improve efficiency, reduce manual workload, and enhance predictability in core business functions.
Founder / Investor Commentary
Baptiste Nassoy, CEO and co-founder of Cleavr, described the company’s objective as bringing the level of rigor typically found in large finance departments to businesses of all sizes. He explained that by automating routine tasks, the platform ensures consistent follow-up on invoices while allowing finance teams to focus on more complex cases.
This approach aims to standardize collections processes while improving recovery rates and reducing the operational burden on internal teams.
Growth Plans / Use Of Funds
The newly raised funding will be used to accelerate Cleavr’s deployment in France and support expansion into other European markets. The company is planning a broader international rollout beginning in 2026.
Cleavr is currently used by around 50 clients, with its platform covering a significant portion of the collections process. Future development will focus on enhancing automation capabilities and scaling adoption across a wider customer base.
About Cleavr
Cleavr is an AI-powered accounts receivable platform that automates the collections process from invoicing to payment. The company integrates with existing ERP and accounting systems to manage follow-ups, communication, reconciliation, and dispute resolution. Its mission is to help businesses recover payments more efficiently, reduce delays, and improve cash flow through automated financial operations.
