What does Iridium do?

Iridium Credit automates invoice operations - verification, cash posting, collections and onboarding - for factoring companies.

Iridium was founded by Anthony Eden, Preesha Gehlot.

Who are Iridium's investors?

Iridium's investors include Entrepreneur First.

Where is Iridium headquartered?

Iridium is headquartered in London, GB.

Iridium

Entrepreneur First

London, GB · 1 known investors

iridiumcredit.com ↗

Iridium builds AI agents that automate invoice financing workflows, from underwriting through to funding decisions. The software is aimed at capital providers seeking to serve small and mid-sized businesses in the US private debt market.

Also known as Iridium Credit · Iridium Credit, Inc.

Fintech

Founders & leadership

Anthony Eden inCEOAnthony joined Cerberus Capital Management as the first hire on a new team, where he helped incubate an invoice pricing product and a bank credit underwriting platform that reached $8M in annual revenue. Earlier in his career he co-built Morgan Stanley's payments platform, and he holds a Master's in Engineering from Imperial College London.

Preesha Gehlot inCTOWhile earning first-class honours in Computing at Imperial College London, Preesha worked on recommendation models for the Bloomberg terminal and anomaly detection systems at Microsoft. She has also published two AI papers on causal inference with financial data, presented at AAAI and KKR.

Investors · 1

Entrepreneur FirstBengaluru · $1M – $7M

Company profile

researched Aug 2026

Iridium Credit, Inc. develops automation software for invoice finance operations, targeted at factoring companies. Its stated scope covers invoice verification, cash posting, collections and client onboarding, with the aim of leaving human teams to handle exceptions rather than repetitive processing tasks. The company frames the problem as factors spending a significant proportion of revenue on invoice processing, with growth pressuring margins and increasing fraud exposure.

The product is positioned as an overlay to existing factoring management systems (FMS) rather than a replacement: documents are compared automatically, debtors confirm receivables through digital workflows, incoming payments are matched to open receivables, and collections activity runs on configurable cadences. The company describes its founding team as veterans of financial services automation and AI infrastructure, and its product as purpose-built for receivables finance.

Founding story

Described in a company-supplied profile as founded by veterans of financial services automation and AI infrastructure. Anthony Eden is said to have previously worked with large global banks on fraud-resistant credit underwriting capabilities.

Business model

Software sold to factoring companies and other receivables finance providers, integrating with their existing factoring management systems; the sources do not state pricing or contract structure.

Latest developments

In February 2026 the Secured Finance Network published a New Member Spotlight profiling Iridium Credit, Inc., naming Anthony Eden as SFNet Member Director.

▸Full profile — market position, technology, go-to-market, geography

Market position

Positions itself as a workflow automation layer for the receivables finance/factoring industry; the company joined the Secured Finance Network as a new member, per a February 2026 member spotlight.

Emphasizes integration with existing factoring management platforms (no 'rip-and-replace'), an exceptions-based operating model for staff, and a design specific to the workflows of modern receivables finance.

Technology

Automation of receivables workflows including automated document comparison, digital debtor confirmation workflows, payment-to-receivable matching, and configurable collections cadences, delivered via integration with incumbent FMS platforms rather than a full system replacement.

Go-to-market

Factoring companies and receivables finance providers that process high volumes of invoices.

Geography

Listed with a corporate address at 1111b S Governors Ave, Suite 41929, Dover, Delaware, United States.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Timeline · 1

launches, deals, and filings

Feb 2026

Featured in SFNet New Member Spotlight as a Secured Finance Network member

The Secured Finance Network published a New Member Spotlight on Iridium Credit, Inc., listing Anthony Eden as SFNet Member Director and describing the company's invoice operations automation for factoring companies.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

▸Research sources · 8

primary sources listed

SFNet New Member Spotlight: Iridium Credit, Inc. | Secured Finance Networksfnet.com · web

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Iridium do?: Iridium Credit automates invoice operations - verification, cash posting, collections and onboarding - for factoring companies.
Who founded Iridium?: Iridium was founded by Anthony Eden, Preesha Gehlot.
Who are Iridium's investors?: Iridium's investors include Entrepreneur First.
Where is Iridium headquartered?: Iridium is headquartered in London, GB.