Upflow

Overview

Financial Relationship Management (FRM) platform that optimizes accounts receivable for B2B companies. Co-founded in 2018 by Alexandre Louisy, Barnaby Malet and Come Chevallier within the eFounders startup studio, Upflow automates debt collection, accelerates cash-ins and improves invoice tracking through artificial intelligence, all while preserving the commercial relationship with customers. A Y Combinator alum, the startup has raised a total of around $17.5 million: $2.5 million in seed funding from Kima Ventures (Xavier Niel's fund led by Jean de La Rochebrochard) and eFounders, followed by a $15 million Series A led by 9yards Capital with participation from Accel. The solution combines SaaS software for tracking unpaid invoices with an integrated payment account that lets companies receive payments by bank transfer, direct debit or card. Upflow's mission is to help B2B companies get paid more simply and quickly, while giving sales teams back control over their accounts receivable. The platform enables finance teams to significantly reduce DSO (Days Sales Outstanding) while preserving the commercial relationship with customers through personalized, context-aware reminders. ~$17.5M raised, investors Accel, 9yards Capital and Kima Ventures, Y Combinator alum, founded in 2018