Cleavr Raises €8M Seed
Cleavr raises €8M in a seed round led by Varsity to scale its AI-powered invoice collection and accounts receivable automation platform across Europe.
Cleavr Raises €8M Seed
Cleavr, a French fintech startup that automates accounts receivable with AI, has raised €8 million in a seed round. The company, which is based in France, offers a platform that handles the invoice collection process from payment reminders to dispute resolution, helping businesses optimize cash flow with minimal human intervention.
Investors
The round was led by Varsity. Additional participating investors included Kima Ventures, Better Angle, Portfolio Ventures, Kerala, and Financière Saint James.
Cleavr Use of Funds
The company plans to use the new capital to support further product development, expand its sales team, and scale its presence across Europe.
About Cleavr
Founded in 2025 by Baptiste Nassoy, Arthur Guerin, and Antoine Grenard, Cleavr provides an AI-native platform designed to automate the tracking and collection of outstanding invoices. The software integrates with existing ERP systems to manage email, phone, and SMS follow-ups, reducing days sales outstanding for its customers.
Funding Details
Company Website: https://www.cleavr.fr/
Company: Cleavr
Raised: €8M
Round: Seed
Funding Date: October 6, 2026
Lead Investor: Varsity
Additional Investors: Kima Ventures, Better Angle, Portfolio Ventures, Kerala, Financière Saint James
Software Category: Fintech
Source: https://tech.eu/2026/10/06/cleavr-bags-eur8m-to-scale-ai-powered-invoice-collection-across-europe/