Respaid Analysis: $500K Raised
What is Respaid?
Respaid is a B2B collection service using AI to efficiently recover account receivables, achieving a 50% recovery rate within 20 days.
Employees
38
Founded
2020
Revenue
$3.8M
Company Stage
Seed
YC Batch
S23
Product Features & Capabilities
- Respectful B2B collection, AI-powered collections, 50% recovery in 20 days, bespoke messaging per debtor, direct payments to clients, database cleaning, zero-fuss onboarding, first collections next day, insights on debtor behavior.
How much Respaid raised
Seed - $500,000
September 6, 2023Lead Investor: Eight Capital, Y Combinator
Who are the founders of Respaid
JB
John Banner
Founder
Company Pricing
- Standard Plan: $1,859/month (billed annually) + collection fees, 50 receivables per year.
- Premium Plan: $1,913/month (billed annually) + collection fees, less than 500 receivables per year, fee-free installment payments.
- Enterprise Plan: On Demand + collection fees, 500+ receivable
Investors
- Y Combinator
- Eight Capital
- Motier Ventures
- CF Partners
- Alexandre Fretti
- Babilou
- Eric Dayan
- Eric Mignot
- Laurent Dassault (Angel Investor)
