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Upflow

Financial Relationship Management (FRM) platform that optimizes accounts receivable for compani...

Founded in
2018
Headquarters
Paris, France

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

FRM (Financial Relationship Management) positioning that goes beyond a simple debt collection tool

Key features

Automated, customizable reminder workflows to accelerate payments

Analytics dashboards for accounts receivable performance

Payment portal that lets customers settle invoices on their own

Autonomous AI-driven collection with no human intervention

Enterprise-grade security to protect financial data

Measurable reduction in DSO (average payment time)

Integrated multi-method payment account

Significant DSO reduction while preserving the commercial relationship

Pricing

Who is it for?

CFOs and accounting teams at SMEs and mid-market companiesAccounts receivable and credit management leadersB2B companies of all sizes looking to reduce their DSOGrowth-stage startups with high invoicing volumesSaaS companies using recurring billing platforms