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: https://www.paraglide.ai/