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Gaviti has raised $9 million in a Series A round. FinTech creates debt collection software

Yan Lazarev, co-founder and CEO of Gaviti, reported that the company’s customers recovered $6.2 billion in 2021 thanks to the platform.

The process of collecting outstanding receivables by B2B companies is tedious. Accounts receivable departments don’t always have debt collection software. Just as sales teams use CRM systems to manage communications and sales processes, Gaviti offers the same capabilities to collections professionals with tracking and workflow tools. The application integrates with ERP systems through a single universal language.

Further development

The funds raised will be used to expand Gaviti’s services. – Our primary goal remains syncing with organizations to streamline this once time-consuming process, said Alex Komarovsky, co-founder and CTO of Gaviti. – This series of funding will allow us to continue to grow and create new features.

– We are very excited to partner with Gaviti, which provides global payment options to businesses,” said Alexander Konoplyasty, Managing Partner at Flashpoint Venture Capital. – With our contribution, Gaviti will help hundreds of companies go global, increase revenue and reduce overall costs. We have been following their journey for some time now and strongly believe in the success of this company.

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