Paraglide Announces 4.2M Investment
Briefly

Paraglide Announces 4.2M Investment
"I was a CFO myself for five years previously before going into venture [...] We had thousands and thousands of customers, and we would have several people in my team that were basically just replying to queries and chasing people all day."
"Proud moment for me. Watching former teammates take what they learned, add their own ideas, and turn it into something new is incredibly rewarding as a founder. Hopefully some of what we learned and created together will now be fueling their growth going forward."
"Paraglide AI has helped us automate replies to customer invoice questions in the finance inbox, which means faster payments and much less manual work and a more efficient DSO process. In a growing company, this matters a lot."
Paraglide, a Malmö-based startup, raised €4.2 million in Seed funding co-led by Bessemer Venture Partners and DN Capital, with participation from Born Capital, The Nordic Web Ventures and business angels including Samir Smajic. Founded by Rasmus Areskoug and Andreas Åström from GetAccept, the company builds intelligent agents to automate and optimize accounts receivable processes for high-volume B2B finance teams. The platform automates two-way billing communications, answers customer billing questions, chases overdue invoices, and takes actions across the financial stack. Reported benefits include faster payments, reduced manual work, more efficient DSO processes, and improved cash flow.
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