Cleavr raises EUR 8 million seed round for AI invoice collection
The Paypers reports that France-based Cleavr raised EUR 8 million in a seed round led by Varsity to expand its sales team and develop its AI accounts-receivable platform in Europe. The product identifies invoice contacts, sends reminders, tracks payment commitments and escalates disputes, with human involvement at selected stages. The funding is distinct from the earlier EUR 1 million pre-seed round. Claims of faster collection and lower DSO are company statements, not independently measured results.