Paraglide (company)
| Type | Private |
|---|---|
| Industry | Financial technology, artificial intelligence |
| Founded | July 31, 2025 |
| Founders | Rasmus Areskoug Andreas Åström |
| Headquarters | , |
Key people | Rasmus Areskoug Andreas Åström |
| Products | Accounts receivable automation software |
| Website | www |
Paraglide is a British-Swedish financial technology company that develops artificial intelligence (AI) software for automating accounts receivable. The company is headquartered in London, United Kingdom, with additional operations in Malmö, Sweden.[1][2]
History
Paraglide was incorporated in the United Kingdom on 31 July 2025.[2] The company was co-founded by Rasmus Areskoug and Andreas Åström.[3][4]
On 27 January 2026, the company announced it had raised US$5 million (€4.2 million) in a seed funding round.[5] The funding round was led by Bessemer Venture Partners and DN Capital.[6][7][8] In February 2026, Paraglide AI was featured by EU-Startups as one of ten promising Swedish startups to watch.[9]
Operations
Paraglide develops software designed to automate accounts receivable and corporate finance workflows using artificial intelligence agents.[10][11] Its automation systems cover areas such as billing support, invoice collections, dispute management, deduction handling, credit management, and cash application tools.[3][5][12] The company serves corporate clients across the United Kingdom, the United States, Germany, and the Nordic countries.[1]
References
- 1 2 TechSavvy Media. "Malmö startup lands major investment to automate AR with AI agents". Retrieved 2026-07-20.
- 1 2 "Paraglide AI Limited – Company Profile". Companies House. Retrieved 2026-07-20.
- 1 2 EU-Startups (2026-01-27). "Swedish startup Paraglide raises €4.2 million to build AI agents for accounts receivable". Retrieved 2026-07-20.
- ↑ Tech.eu (2026-01-27). "Paraglide raises $5M seed to reinvent accounts receivable with agentic AI". Retrieved 2026-07-20.
- 1 2 FinTech Global (2026-01-27). "Paraglide raises $5m to bring AI agents to AR automation". Retrieved 2026-07-20.
- ↑ ArcticStartup (2026-01-27). "Paraglide raises €4.2M seed". Retrieved 2026-07-20.
- ↑ Pulse 2 (2026-01-27). "Paraglide AI: $5 Million Funding". Retrieved 2026-07-20.
{{cite web}}: CS1 maint: numeric names: authors list (link) - ↑ The SaaS News (2026-01-27). "Paraglide Raises $4.2 Million Seed Round". Retrieved 2026-07-20.
- ↑ EU-Startups (2026-02-12). "Sweden's rising stars: 10 of the most promising startups to watch in 2026 and beyond". Retrieved 2026-07-20.
- ↑ Accountio. "Paraglide AI automates late invoices and accounts receivable fintech". Retrieved 2026-07-20.
- ↑ Hyperight. "Paraglide raises €4.2 to replace ignored reminders with fluent AI agents". Retrieved 2026-07-20.
- ↑ Unite.AI (2026-01-27). "Paraglide secures $5M seed round to automate accounts receivable with AI agents". Retrieved 2026-07-20.