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Iridium
Entrepreneur FirstLondon, GB · 2 known investors
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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.
Founders & leadership
Investors · 2
How we know: the Entrepreneur First portfolio · Not right? Tell us
Company profile
researched Aug 2026Iridium 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 filingsThe 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.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
Companies House · registry record
View on Companies House ↗- Registered name
- IRIDIUM LIMITED
- Company number
- 06992387
- Status
- Dissolved
- Company type
- Private limited company
- Incorporated
- 17 Aug 2009
- Dissolved
- 25 Jan 2025
- Registered office
- Suite 500 Unit 2 94a Wycliffe Road, Northampton, NN1 5JF
- Nature of business (SIC)
- 42990 — Construction of other civil engineering projects n.e.c.
- Accounts
- last made up to 31 Aug 2023
- Confirmation statement
- last made up to 17 Aug 2023
Current officers
- Paul Robert Tomkins — secretary, appointed 17 Aug 2009
- Paul Robert Tomkins — director, appointed 17 Aug 2009
Source: Companies House public register · retrieved 20 Sept 2026. Contains public sector information licensed under the Open Government Licence v3.0.
▸Research sources · 8
primary sources listed
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, Transpose Platform Management.
- Where is Iridium headquartered?
- Iridium is headquartered in London, GB.