# Receeve

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

- Industry: Financial Services
- Headquarters: Hamburg, Germany
- Website: www.receeve.com
- Total disclosed funding: $24M
- Latest round: Seed (Nov 23, 2021)
- Investors on record: 6

## About

Receeve GmbH is a technology company specializing in providing an innovative collections decisioning software aimed at enhancing the efficiency of debt recovery processes for various organizations.Receeve GmbH, founded in 2019, operates from Hamburg, Germany, and focuses on delivering cutting-edge solutions for debt collection. The company was established by a team of professionals dedicated to improving collections efficiency. Paul Jozefak leads the company as CEO. Receeve has successfully closed 5 deals and recently raised EUR 4.000 mn in a Seed funding round led by ABN AMRO Ventures, bringing the total amount raised to EUR 4.000 mn and reaching a current valuation of EUR 89.054 mn.Receeve offers an all-in-one collections decisioning software that streamlines debt collection processes for organizations of various sizes. The platform allows companies to maintain their brand identity while managing collections through automated workflows, AI-driven behavioral scoring, and multi-channel communication options, including WhatsApp, email, and SMS. Clients span diverse sectors such as banking, telecommunications, utilities, and consumer finance, operating in markets across North America, the United Kingdom, Australia, New Zealand, Latin America, and the Middle East.Receeve generates revenue primarily through subscription-based models for its software. Clients enter annual agreements, gaining access to automated collections tools, compliance frameworks, and customer service support. The platform facilitates streamlined operations for organizations, with pricing plans tailored to the range of services offered, ensuring scalability to meet diverse operational needs.Receeve GmbH is focused on developing new features for its collections software and plans to expand into new markets, particularly within Europe and North America by 2024. Recent funding will support the enhancement of product offerings and the expansion of marketing efforts to reach a broader client base. Additionally, Receeve has raised an undisclosed amount of venture funding from new investor Kinled Holding to aid in these initiatives.

## Funding rounds

- Seed, Nov 23, 2021, $4.5M — ABN AMRO Ventures
- Seed, May 4, 2021, $14M — Mangrove Capital Partners, Seedcamp, Speedinvest, Seaya Ventures, 14W Ventures
- Seed, Feb 4, 2020, $4.4M — Mangrove Capital Partners, Seedcamp, Speedinvest
- Seed, Jul 2, 2019, $1.1M — Seedcamp

## Investors

- Seedcamp (https://capitalatlas.ai/funds/seedcamp) — Seed
- Mangrove Capital Partners (https://capitalatlas.ai/funds/mangrove-capital-partners) — Seed
- Speedinvest (https://capitalatlas.ai/funds/speedinvest) — Seed
- Seaya Ventures (https://capitalatlas.ai/funds/seaya-ventures) — Seed
- 14W Ventures (https://capitalatlas.ai/funds/14w-ventures) — Seed
- ABN AMRO Ventures (https://capitalatlas.ai/funds/abn-amro-ventures) — Seed