Seed · Fintech
Cleavr raises €8m to expand invoice collection across Europe
Varsity leads the Seed round as the French fintech builds its sales and product teams.
Cleavr has raised €8 million in Seed funding led by Varsity. Participants include Kima Ventures, Better Angle, 100IN, Portfolio Ventures, Kerala Ventures, Financière Saint James, Station F and Clover, alongside unnamed business angels. The financing follows its €1 million pre-seed round in March.
The French fintech automates accounts receivable, identifying invoice contacts, sending reminders and tracking payment commitments and disputes. It will use the new capital to expand its European business, strengthen commercial teams and continue product development.
Use of funds
Expand European sales
Develop product and hire teams
Funding history
Seed · This round€8M
Pre-Seed€1M