Receeve is a no-code SaaS platform that automates debt recovery and collections workflows across the credit management value chain. Its product helps companies automate processes for collecting overdue claims and provides a unified view of the customer on top of existing technology. Customers include banks, alternative lenders, utilities and telcos. The company recently secured a €4M seed extension from ABN AMRO Ventures and earlier expanded its seed to $13.5M with Seaya Ventures and 14W, bringing total funding to $16M. Receeve is entering a strategic partnership with ABN AMRO to support vulnerable customers and to help shape its solution roadmap. Leadership framed the collaboration as a way to fuel growth, expand the platform and build a market leader across Europe and beyond. Receeve, founded in 2019 by former VCs Paul Jozefak and Michael Backes, offers a digital debt-servicing platform that replaces outdated collections processes. The Hamburg-based startup enables firms to bring collections in-house with personalized, device-agnostic digital channels and self-service tools. Its product aims to minimize customer churn and increase recovery rates while lowering costs compared with traditional collections agencies and legacy case-management software. The founders plan to build a technology-first, customer-centric business to address rising customer-acquisition costs and regulatory pressures in the debt industry. Receeve positions collections as part of customer service and says its solution helps enterprises streamline back-office processes. Financially, the company recently raised a €4 million seed round and previously secured €1 million in pre-seed funding from Seedcamp and angel investors.

Total raised

$9M

Funding rounds

2

Latest round

Seed

Latest activity

Dec 2021