Neofin, a Sao Paulo, Brazil-based provider of an AI-powered SaaS accounts receivable platform, raised $7M in Seed funding.
The round was led by Quona and Upload Ventures. Other investors included 17-Sigma, 1616, Far Out Ventures, BFF, Norte, and Canaan, alongside angel investors Cesar Carvalho and Patrick Sigrist.
The company intends to use the funds for the development of new features of the platform, especially the renegotiation portal, the CRM for Accounts Receivable, and the integration of an AI-based LLM with whatsapp for communication with debtors (both companies and people).
Founded in 2023 by Laura Camargo, Arthur Cunha, and Leandro Sarmento, Neofin provides an AI-powered SaaS platform for accounts receivable workflows, transforming the AR process into a data-driven, efficient workflow. With integrations across major ERPs and banks in Brazil, it allows finance teams to save time and recover cash effectively.
The company has also partnered with Serasa, offering access to credit analysis data and bureau reporting within the platform.
FinSMEs
05/02/2025