Paraglide, an agentic AI product for accounts receivable, has raised a £3.6 million seed round co-led by Bessemer Venture Partners and DN Capital, with participation from Born Capital and The Nordic Web Ventures.

The funding will support the London startup’s expansion across Europe as demand for agentic automation in finance operations grows.

Built for high-volume B2B finance teams, Paraglide deploys AI agents that automate two-way billing communication across the AR lifecycle.

The agents respond to customers’ billing questions, chase overdue invoices, and take action across the financial stack to reduce Days Sales Outstanding (DSO) and improve cash flow.