With fresh capital, Paraglide plans to scale its product and customer base as agentic systems reshape back-office operations.
Paraglide, an agentic AI product for accounts receivable (AR), has raised a $5 million seed round co-led by Bessemer Venture Partners and DN Capital, with participation from Born Capital and The Nordic Web Ventures.
Built for high-volume B2B finance teams, Paraglide deploys AI agents that automate two-way billing communication across the AR lifecycle. The agents respond to customers’ billing questions, chase overdue invoices, and take action across the financial stack to reduce Days Sales Outstanding (DSO) and improve cash flow.
Unlike traditional AR tools that rely on one-way, templated payment reminders that customers often ignore. Paraglide’s AI agents manage full two-way conversations with customers, replying and following up on existing threads in a personal and contextual way at scale.
Paraglide was founded by the former CFO and Head of Engineering of GetAccept (YCW16), which raised more than $30 million across its Series A and B rounds, Rasmus Areskoug, and Andreas Åström. Having experienced the operational burden of accounts receivable firsthand, the founders set out to modernise one of finance’s most persistent pain points.
Paraglide is already seeing strong early traction among mid-market and enterprise companies, with customers such as Choco, Ardoq, and Spiideo, and partnerships with the revenue automation company Chargebee. Initial customers report a 34 per cent reduction in DSO and achieving financial inbox-zero within the first week of onboarding.
Rasmus Areskoug, Co-founder and CEO of Paraglide, commented:
“As a former CFO, I’ve seen finance teams drowning in billing queries and tirelessly chasing invoices with reminders that customers ignore. AI agents have already transformed customer support by automating high-volume, conversational work.
That same shift is now coming to accounts receivable, where agents can handle billing conversations end to end and help businesses get paid on time.”
According to Alex Ferrara at Bessemer Venture Partners:
“Paraglide’s AI agent helps reduce DSOs and frees the finance team up to work on more valuable, higher-level strategic projects.”
According to Thomas Rubens at DN Capital, this is the year of the ‘System of Action,’ where AI agents move beyond observation to execute complex workflows with high-level context.
“Paraglide is defining this category by solving a critical organisational pain point, reducing DSO, and we are thrilled to back a team that combines unparalleled experience with technological velocity to fundamentally change how companies unlock cash and drive growth.”
The funding will support Paraglide’s expansion across Europe as demand for agentic automation in finance operations grows.