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§ Private Profile · Sydney, New South Wales, Australia
Accounts receivable automation platform for SMEs, automating payment collection and integrating with accounting systems.
Based in Sydney, Australia, ezyCollect was founded in 2015 by AJ Singh and Raj Kuckreja to provide a payment collection and accounts receivable automation platform for small and medium-sized enterprises. Operating as a dedicated software service provider, the platform integrates directly with existing accounting systems to systematize debt recovery processes for over 1,000 businesses distributed across 24 countries. The growing company managed a portfolio of more than $1,700,000,000 in accounts receivable for commercial clients operating in sectors such as wholesale distribution, manufacturing, food and beverage, retail, and construction. The enterprise successfully raised $7,100,000 across two distinct early funding rounds, securing capital from notable investors including Tankstream, Artesian, Macdoch Ventures, Sydney Angels, and Adrian Di Marco. French financial technology firm Sidetrade subsequently acquired the business and its cashflow management technology for a total valuation of $66,500,000.
ezyCollect has raised $8.3M across 2 funding rounds.
ezyCollect has raised $8.3M in total across 2 funding rounds.
ezyCollect has raised $8.3M across 2 funding rounds. Most recently, it raised $7.1M Other Equity in February 2020.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Feb 13, 2020 | $7.1M Venture Round | — | Adrian DI Marco, Macdoch Ventures, Sydney Angels, Tank Stream Ventures | Announced |
| Jul 21, 2016 | $1.3M Seed | RUI Rodrigues | — | Announced |
ezyCollect has raised $8.3M in total across 2 funding rounds.
ezyCollect's investors include Adrian Di Marco, Macdoch Ventures, Sydney Angels, Tank Stream Ventures, Rui Rodrigues.