About CollectWise
CollectWise is a Financial Services company based in New York (United States) founded in 2024 by Sean O'Brien. AI-powered debt collection solutions are provided to businesses. CollectWise has raised $500 thousand across 2 funding rounds from investors including Y Combinator and CoreNest. Its chief executive, as recorded, is Sean O'Brien. CollectWise offers products and services including CollectWise AI Agents. Its focus areas include FinTech, Alternative Lending, Business Debt Management and Financing Report. Its competitors include Lama AI, Ansonia and Business Credit Reports; 1 of its 3 listed competitors has raised funding.
Company details
CollectWise was founded in 2024 in New York, United States, focusing on the financial technology sector. An autonomous AI platform is utilized for debt collection, employing data-driven strategies to select communication channels and escalation methods. Compliance with regulations is ensured, while interactions with debtors remain professional. Operations aim to enhance recovery rates and reduce costs through automation, supporting businesses in maintaining efficiency.
- Headquarters New York, United States
- Founders Sean O'Brien
- SectorsFinancial Services
- Email••••••••
- Website collectwise.com
- Social LinkedIn
- Total Equity Funding$500K (USD)
in 2 rounds
- InvestorsY Combinator
& 1 more
Products & Services of CollectWise
CollectWise offers a comprehensive portfolio of products and services, including CollectWise AI Agents.
Autonomous AI for optimizing debtor contacts and reducing collection costs.
Funding Insights of CollectWise
CollectWise has successfully raised a total of $500K across 2 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $500,000
- Total Rounds 2
- First Round $500,000
(Jun 2024)
- Investors Count 2
All 2 funding rounds of CollectWise with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2025 | Seed | – | – | ||
| Jun 2024 | $500,000 | Seed | – | – |
2 investors in total: 2 institutional.
Investors in CollectWise
CollectWise has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Y Combinator and CoreNest.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage startups are accelerated via funding and educational programs. | ycombinator.com | Mountain View, United States | ||
Startups are funded by CoreNest across pivotal growth stages. | corenest.com |
Investor details for CollectWise
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of CollectWise
1 people are tracked at CollectWise (1 in leadership).
| Name | Role | Group |
|---|---|---|
Sean O'Brien | Co-Founder & CEO | Leadership |
Complete people profiles for CollectWise
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of CollectWise
3 dated milestones of CollectWise across 1 years, from founding to its latest funding, stage changes and deals.
- Founded CollectWise is founded.
- Funding First funding round of $500K.
- Funding Latest funding round, Seed,.
Competitors of CollectWise
CollectWise has 3 listed competitors in our database, 1 of them funded. They include Lama AI, Ansonia and Business Credit Reports.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| lama.ai | 2022 | New York, United States | $9M | Provider of AI-based solutions for digital business leveraging | ||
| ansoniacreditdata.com | 2006 | Skokie, United States | 18 | Provider of business credit reports and account management services | ||
| businesscreditreports.com | 1989 | Gallatin, United States | Offers blended business credit reports, scoring, and monitoring services for various industries. |
Detailed competitors of CollectWise
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of CollectWise
The website of CollectWise (collectwise.com) receives about 2.3K visits a month.
- Monthly visits2.3K
▼ 17.8% vs previous month
Top companies in Alternative Lending
3 companies that operate in the same segment as CollectWise (Alternative Lending) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Diversified loans are provided via an AI-enabled online marketplace. | 2012 | Palo Alto, California, United States | USD 128.65 M | USD 1.04 B | 1,190 | |
Various consumer loans and financial services are offered online. | 2011 | San Francisco, California, United States | USD 3.04 B | USD 4.77 B | 6,843 | |
Credit score checking and comparison platform for financial products | 2007 | San Francisco, California, United States | USD 869.77 M | 1,487 |
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Frequently Asked Questions about CollectWise
CollectWise was founded in 2024.
CollectWise is headquartered in New York, United States. It is registered at New York, New York, United States.
Sean O'Brien is the CEO of CollectWise, as recorded in our data. They have also founded this company.
CollectWise is a funded company, having raised a total of $500K across 2 funding rounds to date. The company's 1st funding round was a Seed of $500K, raised on Jun 2024.
CollectWise was founded in 2024 in New York, United States, focusing on the financial technology sector. An autonomous AI platform is utilized for debt collection, employing data-driven strategies to select communication channels and escalation methods. Compliance with regulations is ensured, while interactions with debtors remain professional. Operations aim to enhance recovery rates and reduce costs through automation, supporting businesses in maintaining efficiency.
CollectWise's top competitors include Lama AI, Ansonia and Business Credit Reports.
CollectWise offers CollectWise AI Agents.
CollectWise has 2 investors. Key investors include Y Combinator, and CoreNest.