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Top 50 Invoice Automation in Europe
Discover the top 50 Invoice Automation startups in Europe. Browse funding data, key metrics, and company insights. Average funding: $9.9M.
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Invopop
Provides an API-driven invoicing management platform that automates the generation of compliant invoices in local formats, calculates taxes, and reports to tax authorities across multiple jurisdictions. It eliminates the complexity of global invoicing by integrating workflows, validating data, and handling e-invoicing requirements, enabling businesses to scale internationally without manual intervention.
Billogram
Billogram provides an invoice‑to‑cash orchestration platform that automates invoice generation, multi‑channel distribution, payment processing, AI‑driven dunning, and automatic reconciliation. The solution integrates via open APIs with ERP, accounting and payment systems, delivering real‑time cash‑flow analytics and compliance‑ready reporting for mid‑size to large enterprises with recurring revenue models.
Funding: $10M+
Rough estimate of the amount of funding raised
CANDIS
CANDIS provides a cloud-based platform that automates the processing of incoming invoices using optical character recognition (OCR) and integrates with popular accounting systems like DATEV and SAP. This solution centralizes invoice management, reduces manual data entry errors, and streamlines approval workflows, enhancing efficiency for finance teams.
Funding: $20M+
Rough estimate of the amount of funding raised
Monite
Monite provides an API-driven platform for automating invoicing and accounts payable processes, enabling businesses to streamline revenue collection and payment management. By integrating features like e-invoicing and one-click bill payments, Monite addresses the challenges of late payments and manual reconciliation, helping clients improve cash flow and reduce operational costs.
Funding: $10M+
Rough estimate of the amount of funding raised
Invofox
Invofox is an AI-driven tool that automates the extraction of data from various document types, including invoices and receipts, without human intervention. This technology enables businesses to efficiently process and validate document information, significantly reducing manual data entry errors and improving operational efficiency.
Sequence
Sequence provides a billing automation platform that integrates with existing financial systems to streamline invoicing and revenue recognition for B2B companies with complex pricing models. The software eliminates manual errors and reduces billing cycles, enabling finance teams to efficiently manage custom contracts and improve cash flow.
Adfin
Adfin is a payment automation platform that integrates with accounting systems to streamline invoice management and payment collection through AI-driven workflows and multiple payment methods, including Direct Debit and open banking. By centralizing payment processes and providing automated reminders, Adfin helps businesses reduce payment delays and associated costs, ensuring faster cash flow.
Funding: $3M+
Rough estimate of the amount of funding raised
Getpaid
Provides a payfac-as-a-service platform that automates accounts receivable processes, including invoice creation, payment reconciliation, and collection workflows, using AI-powered tools to reduce manual effort and errors. Enables B2B companies and marketplaces to streamline multi-party payment flows, improve cash flow predictability, and integrate seamlessly with ERP systems like SAP and Oracle in days.
Funding: $5M+
Rough estimate of the amount of funding raised
Boby
Boby is a digital platform that automates the creation of quotations and invoices for construction professionals, enabling them to generate and send documents directly from their mobile devices. By streamlining administrative tasks, Boby reduces the time spent on paperwork, allowing artisans to focus more on their projects and improve cash flow through instant payment options.
Funding: $2M+
Rough estimate of the amount of funding raised
Solvimon
Solvimon provides a usage-based pricing platform that automates billing and invoicing for B2B and B2C businesses, enabling them to manage complex subscription models efficiently. The platform integrates various payment methods and offers flexible billing solutions, allowing companies to scale revenue operations across multiple currencies and entities without manual intervention.
Funding: $5M+
Rough estimate of the amount of funding raised
Finmatics
Finmatics is an AI-driven automation platform that digitizes and processes accounting documents, enabling accounting firms to handle unsorted receipts six times faster and generate booking proposals automatically. The system enhances efficiency by streamlining invoice approvals and ensuring compliance with electronic invoicing requirements, significantly reducing processing times and operational risks.
Funding: $5M+
Rough estimate of the amount of funding raised
Abby
Abby is a management application that automates invoicing, accounting, and project management for independent entrepreneurs, enabling them to streamline administrative tasks and maintain financial oversight. By synchronizing bank accounts and facilitating Urssaf declarations, Abby reduces the time spent on financial management, allowing users to focus on growing their businesses.
Funding: $1M+
Rough estimate of the amount of funding raised
Outmin
Provides an AI-powered bookkeeping platform that automates accounting tasks such as invoicing, payroll, tax compliance, and supplier management for small and medium-sized enterprises. By integrating real-time financial insights and dedicated support, it reduces reliance on manual processes, freelancers, and outdated software, saving businesses time and money while ensuring accurate financial management.
Funding: $5M+
Rough estimate of the amount of funding raised
Dost
Dost offers an AI‑powered SaaS platform that captures invoices, purchase orders and delivery notes from email, cloud storage or supplier portals and extracts line‑item data with >95 % accuracy using LLM‑based OCR. The extracted data is automatically three‑way matched, flagged for discrepancies, routed through configurable approval workflows, and synchronized in real time with over 200 ERP systems, providing finance teams with audit‑ready records and live cash‑flow analytics.
Funding: $1M+
Rough estimate of the amount of funding raised
Yokoy
Yokoy provides an AI-powered spend management platform that automates expense reporting, invoice processing, and credit card transactions, enabling finance teams to streamline operations and maintain compliance. By reducing manual work and enhancing data accuracy, Yokoy delivers measurable cost savings and improved efficiency in financial workflows.
Lago
Provides an open-source billing API designed for product-led SaaS businesses to manage usage-based pricing, metering, and invoicing at scale. It streamlines complex billing processes by enabling real-time usage tracking, flexible pricing models, and automated invoice generation, reducing the need for custom-built solutions and legacy systems.
Paid
Paid offers an AI agent cost tracking and billing automation platform for businesses leveraging AI. It provides real-time visibility into AI spend, profit margins, and optimization opportunities across multiple vendors. The platform automates the entire revenue cycle, from granular usage tracking and flexible pricing to invoice generation and payment processing.
Payflows
Payflows offers an all-in-one Procure-to-Pay and Treasury Management solution that automates invoice processing, cash forecasting, and financial reconciliation through native ERP connectors. This platform reduces operational costs and time by consolidating multiple finance tools into a single source of truth for managing payments, purchase orders, and supplier information.
Funding: $20M+
Rough estimate of the amount of funding raised
Kolleno
Kolleno is a financial operations platform that automates accounts receivable management by centralizing collections, payments, and reconciliation processes through customizable workflows and AI-driven communication tools. This solution addresses the inefficiencies of managing high invoice volumes and reduces overdue balances by up to 71% within three to six months.
Funding: $5M+
Rough estimate of the amount of funding raised
Previse
Previse utilizes artificial intelligence to harmonize fragmented financial data from various systems, enabling real-time monitoring and analysis of invoice payment behaviors. This platform automates payment instructions and fraud detection, significantly reducing manual labor and improving cash flow management for businesses.
Funding: $10M+
Rough estimate of the amount of funding raised
Hyperline
Hyperline is a billing platform that automates revenue management for B2B companies by integrating subscription management, invoicing, and payment collection into a single system. It addresses the complexities of diverse pricing models and financial operations, enabling businesses to streamline workflows and accelerate growth.
Bobbee
Bobbee is a financial management platform that automates accounting processes, including invoice collection, bookkeeping, and tax declarations, using machine learning and real-time data analysis. It enables accounting firms and businesses to streamline their operations, reducing administrative workload by up to four days per month while enhancing financial visibility and collaboration.
Funding: $2M+
Rough estimate of the amount of funding raised
Libeo
Libeo provides a digital platform that automates the processing and payment of accounts payable for small and medium-sized enterprises (SMEs), allowing users to manage supplier invoices and team expenses without changing their bank or accounting software. By streamlining payment workflows and enhancing visibility into cash flow, Libeo reduces the time spent on expense management by up to 66%.
Funding: $20M+
Rough estimate of the amount of funding raised
Kabilio
Kabilio provides a cloud‑native AI platform that automates the full accounting cycle for advisory firms and small‑to‑medium enterprises. It uses deep‑learning OCR and machine‑learning classification to extract data from invoices, receipts and bank statements, perform real‑time reconciliation and compliance checks, and deliver live profit‑and‑loss, balance‑sheet and cash‑flow dashboards. The system integrates via RESTful APIs with ERP, payroll and banking services while maintaining GDPR‑compliant encryption and role‑based access control.
Koncile
Koncile is an AI platform that automates invoice verification and document extraction, utilizing advanced optical character recognition (OCR) and data reconciliation to ensure compliance with pricing terms and contracts. By providing detailed spend analysis, Koncile enables procurement teams to identify savings opportunities, achieving up to 20% cost reductions and saving an average of 800 hours of work per client.
Flowlance
This startup offers a calendar-based payment system specifically designed for session-based solopreneurs, enabling them to automate billing and scheduling. By integrating payment processing with calendar management, it eliminates the administrative burden of invoicing and ensures timely payments for services rendered.
Funding: $500K+
Rough estimate of the amount of funding raised
Ezpays
Ezpays utilizes Open Banking technology to automate the collection, reconciliation, and management of unpaid invoices, significantly reducing administrative workload and costs. By eliminating manual processes, the platform ensures timely payments and enhances cash flow for businesses, achieving up to 90% time savings and 80% reduction in transaction fees.
Tranch
Tranch is an invoice-to-payment platform that automates accounts receivable processes, enabling enterprises to electronically deliver invoices and offer clients multiple payment options, including ACH, credit cards, and cryptocurrency. This technology reduces reconciliation time and eliminates credit risk, allowing businesses to optimize cash flow and enhance client payment experiences.
Rillion
Rillion provides AP automation solutions that utilize artificial intelligence for invoice capture, matching, and approval workflows, significantly reducing manual data entry and processing time. The platform enhances efficiency for finance professionals by streamlining invoice management, enabling faster approvals and improved accuracy across accounts payable operations.
E-Invoice
The startup offers a cloud‑based Peppol gateway that automatically converts PDF, Word and Excel invoices into UBL‑compatible Peppol messages and forwards them via email, WhatsApp or directly to ERP/accounting systems. It provides a managed Access Point with mandatory registration, fraud detection, EU‑hosted secure storage, and a usage‑based pricing model (per‑invoice). An open REST API with webhook support enables integration for SMEs and enterprises needing compliant e‑invoicing without changing existing tools.
Vuala
Vuala automates the extraction and transfer of invoices from over 7,000 sources, including emails and online portals, directly into accounting systems like QuickBooks and Xero. This technology eliminates manual data entry errors and reduces the time spent on invoice management, enhancing financial workflow efficiency for small and medium-sized enterprises.
Funding: $300K+
Rough estimate of the amount of funding raised
Digitoo
Digitoo automates the accounting process by utilizing artificial intelligence to read and transcribe invoices from various digital formats directly into accounting systems. This technology eliminates the time-consuming manual data entry associated with invoice processing, allowing businesses to focus on growth and strategic decision-making.
Funding: $5M+
Rough estimate of the amount of funding raised
Quid
Quid uses AI agents to automate accounts payable and accounts receivable workflows within existing ERP systems. The platform extracts, categorizes, and books invoices from various sources, reducing manual data entry and improving financial operations efficiency.
Funding: $100K+
Rough estimate of the amount of funding raised
Recovr
Recovr provides a platform for automated invoice tracking and debt collection, integrating with existing accounting software to streamline the management of accounts receivable. The service enables businesses to reduce overdue payments through automated reminders and legal recovery options, ensuring faster cash flow with minimal effort.
Funding: $500K+
Rough estimate of the amount of funding raised
Kili
Kili is an AI-powered virtual employee that automates document processing and transaction management by extracting data from emails and attachments, enabling businesses to track orders, manage invoices, and reconcile payments efficiently. By integrating with existing accounting and CRM systems, Kili reduces manual errors and streamlines operations, saving time and improving accuracy in financial workflows.
Goya Health
Goya Health offers a digital platform that streamlines revenue cycle management for medical and dental practices. It automates invoice processing, provides patient financing options, and offers immediate liquidity by factoring receivables, reducing administrative burden and improving cash flow.
ChainTrust
ChainTrust automates the accounting entry of purchase and sales invoices using algorithms and artificial intelligence, significantly reducing manual data entry errors and processing time. The platform integrates seamlessly with existing accounting software, allowing firms to streamline their workflows and enhance productivity without complex setup requirements.
Funding: $3M+
Rough estimate of the amount of funding raised
Moja Firma
Moja Firma is an application that enables freelancers and independent entrepreneurs to create and manage invoices efficiently, automating the invoicing process and providing real-time tracking of payments and expenses. The platform simplifies compliance with legal requirements while offering a centralized system for client and product management, significantly reducing administrative workload.
Bflows
Bflows utilizes proprietary algorithms and Big Data analysis to automate the management of accounts receivable and payable within a collaborative network of businesses. This platform enables companies to accelerate cash flow by facilitating timely invoice payments and collections without relying on traditional credit sources.
Funding: $500K+
Rough estimate of the amount of funding raised
Billin
Billin is a free online invoicing platform that automates the entire billing cycle for small businesses and freelancers, enabling them to create, send, and manage invoices, budgets, and receipts efficiently. The service is fully subsidized by the Spanish government's Kit Digital program, eliminating costs and simplifying compliance with invoicing regulations.
Funding: $1M+
Rough estimate of the amount of funding raised
Remotify
This platform offers a payment and invoicing solution tailored for freelancers, utilizing automation to streamline transaction management. By minimizing administrative tasks, it enhances cash flow and allows independent workers to focus on their core services.
DataFret
DataFret automates the processing of transport invoices by integrating with existing IT environments to verify compliance with pricing agreements and identify discrepancies. This solution reduces the time spent on invoice management by up to 80% while providing detailed insights into transportation costs through customizable performance indicators.
Funding: $500K+
Rough estimate of the amount of funding raised
iDWELL
iDWELL offers a 360° property management platform that automates maintenance request management and invoice processing through AI-driven workflows and advanced email integration. This technology enhances operational efficiency and communication for property managers, landlords, and service providers, addressing the challenges of manual processes and fragmented communication in real estate management.
Kube
Kube provides AI-driven financial tools for SMEs, enabling automated invoice management and investment tracking. The platform streamlines billing processes with one-click payment links, automated reminders for overdue invoices, and real-time analytics, enhancing cash flow and operational efficiency.
SMACC
SMACC provides AI-enabled invoice processing that automates the capture of 30 data fields without the need for complex templates, significantly reducing manual entry time. The platform streamlines financial management by standardizing workflows and offering real-time insights into accounts payable, enhancing operational efficiency for businesses.
Funding: $5M+
Rough estimate of the amount of funding raised
Fari Analytics
Fari Analytics offers an automated invoice control solution that analyzes supplier invoices against contractual terms and pricing structures to identify discrepancies. This technology enables businesses to reduce processing time by 80% and achieve savings of up to 15% on their total invoicing costs.
Funding: $500K+
Rough estimate of the amount of funding raised
Clever Cost
Clever Cost provides a digital platform that automates invoice management and real-time VAT monitoring, enabling businesses to efficiently track expenses and optimize purchasing decisions. By offering insights into vendor pricing and profit margins, the platform helps users reduce costs and improve financial oversight.
Profluo
Profluo offers a machine learning-based invoice processing solution that extracts and validates financial data with up to 100% accuracy, significantly reducing processing costs by up to six times. The platform integrates easily with existing ERP systems, streamlining workflows and enhancing operational efficiency for finance teams.
Funding: $100K+
Rough estimate of the amount of funding raised
Jelly
Jelly automates invoice processing and real-time recipe costing for independent restaurants, eliminating manual data entry and ensuring accurate food cost management. By providing instant margin tracking and supplier price alerts, Jelly helps food businesses maintain profitability amidst fluctuating supplier prices.
Funding: $2M+
Rough estimate of the amount of funding raised
Adaral
Adaral is a collaborative platform that automates the invoice processing workflow for SMEs, accountants, and tax advisors, achieving over 95% accuracy in data extraction. By reducing manual tasks, it enables users to save up to 60% of their time, minimize errors, and enhance productivity in financial management.