# ClearGrid Debt Collection

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cleargrid-debt-collection

- Industry: Financial Services
- Headquarters: Dubai, United Arab Emirates
- Website: www.cleargrid.ai/
- Total disclosed funding: $6.5M
- Latest round: Seed (Mar 19, 2025)
- Investors on record: 11

## About

ClearGrid Debt Collection LLC specializes in leveraging AI technology to streamline and enhance debt recovery processes for businesses.ClearGrid Debt Collection LLC was founded in 2023 in Dubai, United Arab Emirates. The company provides AI-driven debt recovery solutions that cater to various industries. In March 2025, ClearGrid raised USD 6.5 mn in Seed funding from multiple investors including RAED Ventures and Nuwa Capital. As of now, the company has completed a total of 2 deals.ClearGrid offers an innovative suite of AI-powered collections solutions designed to enhance the efficiency and effectiveness of debt recovery processes. Their core product features include personalized outreach, flexible settlements, and real-time data analytics, all aimed at improving customer engagement and optimizing collection outcomes. The company targets businesses across various sectors, providing services that address the challenges of collecting debt from hard-to-reach or high-risk customers. Their solutions are particularly beneficial for organizations seeking to manage accounts receivable better, recover more debts, and maintain compliance with regulatory standards. ClearGrid operates in various markets, including North America, Europe, and parts of Asia, catering to a diverse client base that encompasses financial institutions, utility companies, and retail businesses.ClearGrid generates revenue primarily through subscription-based models, providing clients with access to its comprehensive collections platform. Clients engage with ClearGrid's services under varying arrangements that may include partnerships and direct subscriptions, allowing them to utilize the company's AI-driven tools for debt recovery. The pricing structure is designed to accommodate a range of client needs, offering scalable solutions that can adapt to different collection volumes. ClearGrid's flagship offerings, which encompass a combination of AI outreach, automated negotiation, and risk assessment tools, are integral to its revenue generation strategy and attract businesses seeking modern solutions to streamline their collections processes.In March 2025, ClearGrid Debt Collection LLC raised USD 6.5 mn in Seed funding to enhance their debt resolution platform. The company plans to launch new features aimed at improving user experience by mid-2025. Additionally, ClearGrid is targeting expansion into emerging markets in Southeast Asia and Latin America by late 2025. The recent funding will support these initiatives by enabling the development of new products and facilitating market entry strategies into these regions.

## Funding rounds

- Seed, Mar 19, 2025, $6.5M — Endeavor Catalyst, Wamda Capital, RAED Ventures, KBW Ventures, Saudi Aramco Entrepreneurship Ventures, 9Yards Capital, Nuwa Capital, Protagonist, BYLD Ventures, Sharaka Capital, Eirad Holdings

## Investors

- Endeavor Catalyst (https://capitalatlas.ai/funds/endeavor-catalyst) — Seed
- Wamda Capital (https://capitalatlas.ai/funds/wamda-capital) — Seed
- RAED Ventures (https://capitalatlas.ai/funds/raed-ventures) — Seed
- KBW Ventures (https://capitalatlas.ai/funds/kbw-ventures) — Seed
- Saudi Aramco Entrepreneurship Ventures (https://capitalatlas.ai/funds/saudi-aramco-entrepreneurship-ventures) — Seed
- 9Yards Capital (https://capitalatlas.ai/funds/9yards-capital) — Seed
- Nuwa Capital (https://capitalatlas.ai/funds/nuwa-capital) — Seed
- Protagonist (https://capitalatlas.ai/funds/protagonist) — Seed
- BYLD Ventures — Seed
- Sharaka Capital (https://capitalatlas.ai/funds/sharaka-capital) — Seed
- Eirad Holdings — Seed