Retrievables operates a legal debt collection marketplace connecting businesses with unpaid invoices to specialized law firms and agencies. The platform facilitates case matching based on debtor location, debt amount, and industry, allowing businesses to efficiently pursue legal action for debt recovery. This service is provided at no cost to the business, with attorneys operating on a contingency fee basis for collected amounts.
Funding
$800K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Businesses often struggle to recover unpaid invoices, facing challenges in dedicating internal resources and expertise to debt collection. Traditional methods can be time-consuming and may not yield the desired results, impacting cash flow and profitability.
Solution
Retrievables is a legal debt collection marketplace that connects businesses with a network of specialized collection law firms to efficiently recover unpaid invoices. Businesses can easily upload details of their overdue accounts onto the platform, allowing attorneys to assess the claims and pursue collections on a contingency fee basis. This approach enables businesses to access legal expertise without upfront costs, aligning the attorney's interests with successful debt recovery. The platform streamlines the process of finding and engaging qualified legal professionals, increasing the likelihood of recovering outstanding payments.
Target Audience
Retrievables primarily targets businesses of all sizes seeking to recover unpaid invoices through legal debt collection, as well as collections law firms looking to expand their client base.
Features
- Access to a nationwide network of vetted attorneys specializing in debt collection.
- Streamlined platform for uploading and managing information on overdue accounts.
- Attorneys review cases and pursue collections on a contingency fee basis.
- Integration with QuickBooks and Clio for seamless transfer of past-due invoices.
- Custom demand letters drafted by specialized attorneys.