Skip to main content
AI Market Watch
Loading...

Paraglide

Category: AI in Fintech

An AI-driven platform that utilizes agentic AI to automate the end-to-end accounts receivable (AR) process for B2B companies. Paraglide was founded in 2025. The company is led by Rasmus Areskoug. Based in Malmö, Sweden. Team size: 1-10. Total funding raised: $5M. Latest round: Seed. Key investors include Bessemer Venture Partners, DN Capital, Born Capital, The Nordic Web Ventures.

Founded
2025
Headquarters
Malmö, Sweden
Team size
1-10
Total funding
$5M

Value proposition

Reduces Days Sales Outstanding (DSO) and manual finance labor by deploying AI agents that handle personalized two-way customer communication, dunning, and payment reconciliation.

Products and solutions

Billing Support Agent, Collection Agent, Disputes & Deductions, Supplier Portal Agent, Cash Application, Order-to-Cash AI Agents

Unique value

Unlike traditional AR tools that rely on static email templates, Paraglide uses 'agentic AI' capable of managing full two-way conversations, answering customer queries, and following up with context-aware responses.

Target customer

B2B companies with high-volume or complex accounts receivable, finance departments, and CFOs looking to optimize cash flow.

Industries served

B2B SaaS, Fintech, Enterprise Software, Professional Services, Logistics & Supply Chain

Technology advantage

Founded by former finance operators (ex-CFO at GetAccept) and VCs, the platform combines deep domain expertise in scaling finance operations with LLM-based agents that automate the 'human' element of collections.

How they differentiate

Utilizes 'agentic AI' capable of autonomous two-way communication and complex reconciliation, moving beyond the static email templates used by traditional AR automation tools.

Main competitors

Kolleno, Upflow, Tesorio

Key partnerships

Chargebee, Younium

Notable customers

Choco, Ardoq, Spiideo, GetAccept

Major milestones

Company founded in 2025 by former GetAccept CFO Rasmus Areskoug and Head of Engineering Andreas Åström, Raised €4.2M ($5M) Seed round in January 2026 co-led by Bessemer Venture Partners and DN Capital, Partnerships with Chargebee and Younium; named customers include Choco, Ardoq, Spiideo, GetAccept, Expanded product to Billing Support, Collections, Disputes, Supplier Portal, and Cash Application agents

Growth metrics

Active post-Seed; ~10 employees (Pitchbook); hiring eng/GTM in London and Malmö; early customers reporting ~34% DSO reduction; Chargebee and Younium integrations live.

Market positioning

AI-first fintech challenger targeting mid-market and enterprise B2B finance departments.

Geographic focus

Europe (Nordics/UK) and North America.

Patents and IP

No registered patents disclosed as of latest update.

About Rasmus Areskoug

Rasmus Areskoug is Co-founder & CEO of Paraglide. He previously served as CFO of GetAccept (DN Capital portfolio; YCW16), then Principal / Head of Nordics and later Venture Partner at DN Capital focusing on B2B and AI. Earlier career includes growth equity at TCV, management consulting at BCG, and a role at Google.

Latest news about Paraglide

More AI in Fintech companies

Official website: