Paris-based Cleavr secures €1M to streamline receivables
Paris-based fintech startup Cleavr has raised €1 million to automate accounts receivable processes using AI, aiming to help businesses get paid faster while cutting the heavy manual workload that burdens finance teams. The fresh capital will be used to accelerate product development, expand its engineering and go-to-market teams, and deepen integrations with existing ERP and billing systems.
Tackling a persistent cash-flow and efficiency problem
For many mid-sized and enterprise companies, managing invoices, chasing late payments and reconciling cash remains a fragmented mix of spreadsheets, emails and legacy tools. This slows down cash flow, creates errors and forces highly skilled finance professionals to spend time on repetitive tasks.
Cleavr is building an AI-driven receivables automation platform designed to centralize these workflows. By connecting to existing billing, CRM and banking data, its AI algorithms can prioritize which customers to follow up with, recommend tailored communication, and automatically trigger reminders across email and other channels.
AI-powered workflows for finance teams
From data to decisions
The platform uses machine learning to analyze historical payment behavior, credit profiles and contract terms. This allows Cleavr to predict the likelihood and timing of payments, helping finance leaders better forecast working capital needs and reduce days sales outstanding (DSO).
Automated workflows handle routine steps such as invoice status checks, dispute routing and payment confirmation, while flagging only complex or high-risk cases for human review. The company positions its technology as a way to free finance teams from low-value tasks so they can focus on strategic analysis and customer relationships.
Positioning in the European fintech landscape
With the new funding, Cleavr plans to strengthen its presence in France and expand into other European markets where late payments and manual receivables management are persistent pain points for SMEs and fast-growing SaaS businesses. The startup is entering a competitive but rapidly growing segment of fintech automation, where demand is rising for tools that combine AI, compliance and seamless integrations.
By focusing specifically on accounts receivable automation and intelligent collections, Cleavr aims to become a core component of the modern finance stack for companies seeking faster cash, fewer errors and a more data-driven approach to customer payments.