B2B debt collection powered by AI agents
Hey! This is John, the founder of Respaid.com
Are you constantly juggling a million things while overdue bills keep slipping through the cracks? AI-powered respectful collection enables you to receive up to 9x more payments.
Yeah… I'm a solo founder, but.. I’m not alone. Actually we’re 40+ passionate people from 7 countries!
❌ Problem: collect small overdue bills is hard
Be too harsh and people feel offended, be too soft, and they not take it seriously.
At Respaid, we've found the sweet spot. With our similar approach that a lawyer would do, combined with surprising softness and simple direct payments, people are happy to pay (NPS: 93).
Your brand reputation is even greater.
✨ Solution: AI-Powered Lawyer collection + Respect
We combine a respectful approach (contact with care through a real lawyer) + AI (predict the perfect timing, message and channel) to collect your overdue bills. Your customers are surprised that your company’s lawyer has been soft and made it easy to pay.
How to start: give us a simple excel file, we do the rest (no attached invoices required).
e.g. Apple Pay increase collection rate by up to 7%
👉 For Who: SaaS, Subscription and Marketplace
Your customers are SMBs? Finding a solution which is profitable and not time consuming is now possible.
We currently have 458 customers (DoorDash, Checkr, Podium…) in 8 industries (retail, insurance, finance, service..). We usually start with an excel file, but you can also automate us through Zapier or direct API.
We do up to 85k collections per day!
🕤 BackStory: how BAD debts killed my last startup
In my previous startup, I didn’t find a solution to chase small debts, and debt collectors would not take us seriously regarding volume or risk too high (they tend to select debts they have more chance to be collected). I realized 1/ 4 startups fail due to small debts. I knew the only way to fix it was through technology + respect. 18 months later, we were #1 on Trustpilot “debt collector”, had 16 unicorn customers.
But….we never officially launched in the US… until today!
• We do a fair pricing (success fees only)
You only pay a success fee when we succeed (starting 10.9%). In the industry, we’re probably the only ones to even display a pricing page as we understood it was not right to calculate pricing depending on debt quality.
Use the code “YCS23”🔥 at signup to get 1 month trial period, there's no need to worry about license fees.
It's our way of demonstrating our commitment to your success.
🙏 How You Can Help
Intros to founders/CFO - You can help us by introducing startups/companies having: 1. a lot of SMBs or 2. a lot of individuals as customers to share how they handle overdue bills. Please cc me: j+YC@respaid.com or directly book a demo here
Try collecting $1 to yourself in 10sec: start $1 collection here
How did your company get started? (i.e., How did the founders meet? How did you come up with the idea? How did you decide to be a founder?)
My grandfather ran a furniture store in France. He extended credit himself, on trust. When customers didn't pay, he knocked on their doors on Sundays. One day, a customer pulled a knife on him.
I grew up hearing that story. Then I started a business and ran into the same wall: customers who don't pay. The impossible choice: push too hard, they turn on you; push too soft, they ignore you.
That was collections before software. The problem is still the same.
Every B2B invoice is a loan. Every company extends credit. But when customers pay late, they still hand the problem to legacy collections agencies that recover ~20% in 4-6 months and damage the brand on the way out.
I built AgentCollect because no one should knock on doors anymore. AI agents call, email, and negotiate 24/7 under our customer's brand. We recover ~49% in 20 days. Live with Dell, Microsoft, FedEx, Plaid, and Checkr.
