Paraglide Announces €4.2M Investment
Paraglide, a Malmö–based startup building AI agents for accounts receivable, has reportedly raised € 4.2 million in Seed funding.
The round was co-led by Bessemer Venture Partners and DN Capital, with participation from Born Capital, The Nordic Web Ventures and business angels such as GetAccepts co-founder Samir Smajic.
“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.”
said Rasmus Areskoug
Founded by Rasmus Areskoug and Andreas Åström, both with a background at GetAccept, Paraglide provides a platform to automate and optimize accounts receivable processes (AR).
“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.”
says Samir Smajic
Designed for high-volume B2B finance teams, Paraglide is building intelligent agents that automate two-way billing communication across the AR lifecycle, responding to customers’ billing questions, chasing overdue invoices, and taking action across the financial stack to reduce Days Sales Outstanding (DSO) and improve cash flow.
“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.”
says Samir Smajic
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