Cleavr Raises €1M for AI Accounts Receivable Automation

Paris-based fintech innovator Cleavr has successfully closed a €1 million seed funding round, signaling strong investor confidence in its AI-driven approach to automating accounts receivable (AR) processes. The capital infusion was led by prominent early-stage investor Kima Ventures, with participation from Better Angle, Raphaël Nahum (CFO of Pennylane), Régis Samuel (CEO of MyUnisoft), and Olivier Brourhant (CEO of Mantu). This funding will fuel Cleavr's expansion across France and lay the groundwork for its ambitious European market entry planned for late 2026.

Founded in 2025, Cleavr positions itself as an AI coworker designed to autonomously manage the entire cash collection cycle. By integrating with a company's existing ERP systems, the platform takes over tasks from initial invoicing through to payment receipt. This includes automated follow-ups, AI-powered communication, contact identification, payment reconciliation, and even managing credit notes, disputes, and legal collections. This comprehensive automation aims to tackle the persistent challenge of late payments that plagues many businesses, particularly in France.

The late payment issue represents a significant drag on corporate cash flow, with French businesses frequently experiencing extended payment terms. Cleavr's technology addresses this directly by automating approximately 80% of routine AR tasks. Crucially, the platform ensures 100% invoice follow-up, freeing up finance departments to concentrate on higher-value activities and complex exceptions. Early adopters have reported substantial improvements, with an average reduction of 37% in Days Sales Outstanding (DSO) within weeks of implementation.

The market for AI-powered financial automation is experiencing robust growth, driven by the increasing need for efficiency and accuracy in treasury operations. Cleavr differentiates itself by offering a fully autonomous AI agent rather than a mere workflow enhancement tool. This "virtual coworker" model represents a significant shift in how businesses can leverage artificial intelligence for financial management, moving beyond simple task automation to a more integrated, intelligent solution.

The strategic involvement of investors like Raphaël Nahum, whose experience as CFO at the leading accounting software firm Pennylane provides invaluable insight, underscores the perceived potential of Cleavr's solution. Kima Ventures, known for its prolific early-stage investments in disruptive technologies, continues its track record of identifying promising fintech ventures. The participation of Better Angle, Régis Samuel, and Olivier Brourhant further solidifies the strong backing from seasoned industry professionals.

With this new capital, Cleavr is set to scale its operations within its home market and prepare for a broader European rollout. The company's strategic vision includes establishing a significant presence across the continent, capitalizing on the universal need for efficient AR management solutions. This funding round positions Cleavr as a key player to watch in the evolving landscape of financial technology.