Fundraising Fox

AgentCollect

YC S23

San Francisco, US · Founded 2020 · 42 employees · 1 known investors

AgentCollect provides AI agents that automate B2B commercial debt recovery by researching debtor accounts, identifying contacts, and executing multi-channel outreach via calls, email, SMS, and legal notices. The platform serves mid-market SaaS firms and Fortune 500 enterprises with success-only pricing and no integration required.

Also known as Respaid

AI & Machine LearningEnterprise SoftwareFintechSaaSArtificial IntelligenceB2BUnited States of AmericaAmerica / CanadaPartly Remote

Founders & leadership· Y Combinator alumni (S23)

AgentCollect was founded in 2020 by John Banner.

JBJohn Banner
John Bannerin𝕏Founder & CEOJohn Banner previously founded Respaid, an AI-powered accounts receivable platform addressing unpaid invoices, and studied engineering at École Centrale Électronique and business at Harvard Business School. He also serves as a commander in the French Republican Guard.

Investors · 1

The YC application· Summer 2023 batch

Alumni Q&A

How did your company get started? (i.e., How did the founders meet? How did you come up with the idea? How did you decide to be a founder?)
The founder was influenced by stories of his grandfather, who ran a furniture store in France and personally collected on the credit he extended to customers. After starting his own business and encountering unpaid customers firsthand, he built AgentCollect to use AI agents that call, email, and negotiate around the clock under the client's brand. The company reports recovering about 49% within 20 days, compared with roughly 20% in 4-6 months for legacy agencies, and is live with Dell, Microsoft, FedEx, Plaid, and Checkr.

Summarized from the founders' answers on their Y Combinator profile.

Competitors · 7

by search overlap
Highradius80 shared keywordsHighRadius provides software for order-to-cash and treasury finance operations, including credit, collections, deductions, cash application, and invoicing and payments automation. It serves large enterprises and Fortune 1000 companies looking to improve financial performance metrics such as Days Sales Outstanding.
Solo75 shared keywordsSolo provides software tools to help debtors respond to debt collection lawsuits and negotiate settlements outside of court. The company operates a document generation tool for legal responses and an AI-powered negotiation platform connecting consumers with debt collectors.
Chaserhq49 shared keywordsChaser provides automated accounts receivable management software to help businesses streamline invoice follow-up and payment collection. The platform serves enterprises seeking to improve cash flow and reduce the manual effort required to chase overdue payments.
Gaviti46 shared keywordsGaviti offers an AI-driven, autonomous invoice-to-cash platform that automates accounts receivable processes for B2B businesses. It serves medium to large enterprises and shared service environments, operating in over 20 countries.
Retrievables45 shared keywordsRetrievables operates a marketplace platform connecting companies with delinquent accounts to collection law firms that bid on cases and collect outstanding debts. The platform automates the matching and service engagement process between corporate clients and legal service providers.
Upsolve44 shared keywordsUpsolve is a nonprofit organization that provides free bankruptcy filing assistance to low-income Americans. The organization helps individuals erase debt through Chapter 7 bankruptcy filing, having assisted over 25,000 people in erasing more than $1.1 billion in total debt.
Billtrust41 shared keywordsBilltrust provides accounts receivable automation software that helps finance teams manage invoicing, collections, and cash application. The platform serves manufacturing, services, and other enterprise organizations looking to improve cash flow and reduce manual AR processes.

Companies competing with AgentCollect for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

Frequently asked questions

What does AgentCollect do?
AgentCollect provides AI agents that automate B2B commercial debt recovery by researching debtor accounts, identifying contacts, and executing multi-channel outreach via calls, email, SMS, and legal notices. The platform serves mid-market SaaS firms and Fortune 500 enterprises with success-only pricing and no integration required.
Who founded AgentCollect?
AgentCollect was founded by John Banner in 2020.
Who are AgentCollect's investors?
AgentCollect's investors include Y Combinator.
Where is AgentCollect headquartered?
AgentCollect is headquartered in San Francisco, US.