ClearGrid builds AI-first software and APIs to automate and modernize debt collection for banks, fintechs and lenders. Its models score repayment likelihood, predict customer behavior, personalize outreach across channels and drive automated AI voice agents; the company says 95% of operations are automated. The platform categorizes borrowers by ability and willingness to pay, structures repayments into smaller chunks, and claims it can cut collection costs by 50% while resolving debts twice as fast as traditional collectors (38–50% resolution rates). Since launching in 2024 ClearGrid says it manages hundreds of millions in debt portfolios, signed ten major UAE fintechs and banks, and engages over 130,000 borrower accounts monthly. An unnamed major bank reportedly increased recovery rates by 30% and halved costs, while a leading BNPL provider doubled recoveries through early-stage automation. ClearGrid charges a percentage fee on recovered amounts; revenues in the UAE are growing 30% month-on-month and the company says it is already profitable there. The startup plans to enter Saudi Arabia this year, double its engineering team next quarter and “10x” revenue and accounts managed in 2024 to build a regional credit orchestration infrastructure.

Total raised

$10M

Funding rounds

2

Latest round

Seed

Latest activity

Mar 2025