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Respaid
Respaid

Respaid

AI-driven B2B collections, respectful & efficient, with a high success rate.

Founded
2020
Accelerator
Y Combinator logoY CombinatorS23
Overview
Compare
Employees

Respaid was founded with the mission to revolutionize B2B collections through the use of artificial intelligence, aiming to make the process respectful and efficient. The company's core service involves using AI to collect account receivables ranging from $50 to $97,000, boasting a 50% collection rate within 20 days compared to a 3% rate achieved by humans. Respaid requires only an Excel file to start and offers integration options. The company serves notable clients such as Deel, Flexport, Clipboard Health, and Plane.

Respaid's innovative approach has garnered attention from significant industry players and investors. The company's high success rate and respectful collection methods have led to a Debtor Net Promoter Score (NPS) of 93, indicating strong satisfaction among debtors. This impact underscores Respaid's effectiveness in transforming the B2B collections landscape, setting a new standard for efficiency and respect in the industry.

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Respaid - Quick Facts

Who are Respaid's competitors?

Companies similar to Respaid include Revamp, Alguna, JustPaid.io and Agentive.

When was Respaid founded?

Respaid was founded in 2020.

How many employees does Respaid have?

Respaid has 38 employees as of Apr 5, 2024.

Respaid - Classification

Ownership
  • Venture Capital
Technology
  • AI
  • Machine Learning
Geographic Exposure
  • Global
Revenue
  • Recurring
  • Software
Customer
  • Enterprise
Main Product
  • Collections Software
Tags
  • Fintech
  • SaaS