getpaid, founded in 2022, is headquartered in Germany and specializes in the Payments industry. The company's primary offering is a fully automated accounts receivable (AR) solution that effectively streamlines invoicing, payments, cash application, and collections processes.
The platform serves to reduce manual workflows, enhancing financial operations around the quote-to-cash process through automation. Key features of getpaid include automated invoicing, cash collection, modern payment methods, automated reconciliation, streamlined cross-team collaboration, automated workflows, and cash flow forecasting. Notably, getpaid integrates with major accounting solutions or ERPs like SAP, Oracle, MS Dynamics, and Sage, and is capable of developing specific APIs.
The company recently secured a €5.70M Seed Round investment on 05 October 2023, supported by investors such as Picus Capital, Inventure, Christian Grobe, Ilkka Paananen, Philippe Teixeira da Mota, Kai-Uwe Mokros, Felix Jahn, Jordane Giuly, and Matthias Knecht. This infusion of capital positions getpaid to further its growth and technological advancements in financial automation.