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2026-10-06

$9M of new funding is targeting accounts receivable and collections

1 funded company building into accounts receivable and collections. The work in scope is what the Head of Credit and Collections owns today.

The funding

Cleavr$9MSeedannounced 2026-10-06led by Varsity

Automate your accounts receivable end to end. Multi-channel reminders, AI, debtor portal, reconciliation. Live in 24h.

Cleavr bags €8M to scale AI-powered invoice collection across Europe →

What it means

Capital arriving in a function is a reliable leading indicator. It does not mean the incumbents are wrong, and it does not mean these companies will succeed. It means that within the next few quarters the people who run this work will be asked what their function is doing about it, and the honest answer has to start with where that function actually stands.

So we built the assessment for it. Not a purchase decision, a structured set of questions to take to your own team.

Master Your Accounts Receivable Function
12 modules. 144 chapters. Downloadable templates for every module, and an implementation playbook built for you after enrolment. 11 reviews.
View the course

See every market signal →

$9M funded in Accounts receivable and collections | The Art of Service