Adric has developed an AI-driven software that automatically reviews incoming invoices and identifies erroneous line items. The product is priced at €1 per invoice; when an error is found Adric handles communication with suppliers to secure corrections and charges a 25% success fee. The company also provides data analyses to surface savings opportunities and increase transparency in the invoicing process. Reported benefits include up to 83 hours saved per 1,000 invoices and up to 5% lower costs from corrected billing errors. With €200,000 in additional liquidity from its first investor contract, Adric plans to accelerate product development and market expansion. The financing comes with support from startup experts Viviane and Inga-Marit through the program. Adric has won several awards, including ASAP Final #14, the VDR Innovation Award 2025, and Best Startup at the Up2B Accelerator 2025. The team’s stated vision is to eliminate erroneous invoices from business operations.

Total raised

$0M

Funding rounds

1

Latest round

Seed

Latest activity

Aug 2025