Participated · Series A · Jan 2025

Anchor offers a free-to-use Autonomous Billing & Collections platform that digitizes and automates proposals, agreements, invoicing, billing and payments, moving away from rigid PDF-based workflows. Its digitally native, interactive proposals and agreements consolidate lengthy manual processes into a single system to reduce errors, fraud and delays. Customers commonly see profits increase by over 30%, revenue loss fall from over 5% to under 1%, and agreement signing time drop from over 45 days to less than 24 hours. Anchor serves U.S. professional-service businesses, with particular strength in accounting, bookkeeping, and tax firms, and is trusted by thousands of business owners. The company reported over 500% growth in 2024 and operates a pricing model with no subscription or processing fees, charging a flat $5 per transaction. With the $20M Series A, Anchor plans to double its workforce in the next year, accelerate its U.S. market presence, and deepen strategic partnerships. Anchor, launched this year, automates invoicing, remittance and reconciliation for service providers via a cloud-native platform that executes billing and payments from live online agreements. The system integrates with clients' payment information and service providers' technologies so invoices are automatically populated and sent when services are delivered or bills are due. Anchor's solution is designed to reduce human error and invoice fraud while eliminating manual billing cycles that cause late payments and cash-flow issues. The company positions itself as a foundational, gold-standard element for B2B payments and billing, targeting service-oriented businesses across verticals. Anchor is accelerating growth after securing $15 million in seed funding and plans to expand its team, sign more clients and launch a marketing drive.