# Kolleno

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/kolleno

- Industry: Software
- Headquarters: London, UK
- Website: www.kolleno.com
- Total disclosed funding: $5.3M
- Latest round: Seed (Dec 13, 2021)
- Investors on record: 4

## About

Founded in 2020 and based in London, UK, Kolleno Limited is a fintech startup that offers AI-powered SaaS invoice management software and collection solutions to help clients pay more quickly. In March 2022, Kolleno Limited raised GBP 4 million in Seed funding co-led by Stride.VC and Eurazeo including Euler Hermes and HubSpot. Dimitri Raziev (CEO) and Ron Danenberg (CTO) are the co-founders of the company.

The company provides services including collection solutions, AR software, and order-to-cash. Kolleno provides credit control and debt collection solution services to SMEs. The firm's software includes open API integration with a variety of ERP solutions (Xero, QuickBooks, Clio); machine learning to automate and optimize the timing, method, and delivery of client communications; and various efficiency-enhancing features such as an actions board and a payments portal to simplify payment follow-up.

Kolleno Limited generates revenue through its monthly subscription plans including the small-sized businesses for GBP 545, the medium-sized businesses for GBP 1,245, and the large-sized businesses for customized pricing.

The organization plans to use the March 2022 funds to scale up capabilities and offerings.

## Funding rounds

- Seed, Dec 13, 2021, $5.3M — Eurazeo, Euler Hermes, Stride, HubSpot

## Investors

- Eurazeo (https://capitalatlas.ai/funds/eurazeo) — Seed
- Euler Hermes — Seed
- Stride (https://capitalatlas.ai/funds/stride) — Seed
- HubSpot — Seed