Paraglide raises $5m to bring AI agents to AR automation

January 27, 2026

Paraglide, an agentic AI platform for accounts receivable (AR), has raised a $5m seed round.

The seed round was co-led by Bessemer Venture Partners and DN Capital, with participation from Born Capital and The Nordic Web Ventures. The funding will support Paraglide’s European expansion.

Built for mid-market and enterprise B2B finance organisations, Paraglide deploys AI agents that run two-way billing communication throughout the entire AR lifecycle. In contrast with traditional AR tools that send one-way, templated reminders that customers often ignore, Paraglide’s agents engage in personal and contextual conversations at scale. They reply to customers’ billing queries, chase overdue invoices and take action across the financial stack to reduce Days Sales Outstanding (DSO) and improve cash flow.

The company reports strong early traction with customers such as Choco, Ardoq and Spiideo, and strategic partnerships including revenue automation provider Chargebee. Initial users have seen a 34% reduction in DSO and achieved what the company calls “financial inbox-zero” within the first week of onboarding.

The new capital will be used to enhance the platform’s agentic automation capabilities and support its push into European markets where demand for AI-driven finance solutions is rising.

Rasmus Areskoug, co-founder and CEO of Paraglide, said, “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.”

Alex Ferrara at Bessemer Venture Partners said, “There’s a saying in business that cash is king, and if that’s the case then Paraglide’s ability to free up cash flow makes them an AI king maker for finance teams. Accounts receivable is an obvious area where generative AI can drive massive efficiencies. Paraglide’s AI agent helps reduce DSOs and free the finance team up to work on more valuable, higher-level strategic projects.”