Swedish startup Paraglide that builds AI agents for accounts receivable (AR), has raised €4.2 million in seed funding to transform the accounts receivable process using autonomous AI agents.
Founded by former GetAccept executives Rasmus Areskoug and Andreas Åström, the company aims to eliminate the manual burden finance teams face when managing billing queries and chasing overdue payments.
According to their statement, Paraglide’s AI agents are designed to handle full two-way conversations within a company’s finance inbox. These agents can autonomously respond to customer questions regarding invoices, resolve common billing disputes, and manage the end-to-end collections process.
Paraglide plans to use the new capital to scale its engineering and go-to-market teams as it expands its footprint across the European market.
