Sunbay Raises €550K in Pre-Seed Funding to Expand AI-Powered Receivables Automation Platform
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Sunbay, a Poland-based fintech startup focused on accounts receivable automation, has raised €550,000 in a pre-seed funding round.
The investment was led by Kogito Ventures and s20. Several strategic angel investors also participated in the round, including Kahoot Chief Technology Officer Jostein Håvaldsrud.
Funding to Support Product Development and Team Growth
The company plans to use the new capital to enhance its AI-driven software platform, expand workflow automation capabilities, and strengthen its engineering team.
In addition, Sunbay aims to develop predictive payment intelligence features designed to help finance teams improve invoice collection processes and cash flow visibility.
Building Automation for European Finance Operations
Founded by Filip Szczeciński, Dawid Dzierzyński, and Nikodem Cabała, Sunbay provides an automated invoice collection platform for businesses operating across Europe.
The platform connects with enterprise resource planning (ERP) systems, customer relationship management (CRM) platforms, and banking data sources. It helps businesses manage payment reminders and collection activities through email, SMS, and multilingual AI-powered voice communication.
Expanding Presence Across European Markets
According to the company, its platform currently supports more than 20 corporate customers across five European countries.
As businesses continue to look for ways to streamline finance operations, Sunbay is focused on expanding its technology and strengthening its presence in the European accounts receivable automation market.
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