CollectWise

CollectWise is a Y Combinator-backed fintech startup founded in 2024 and headquartered in New York City that automates consumer debt collection using generative artificial intelligence. Founded by Sean O'Brien and Vivek Isukapalli, the company provides an autonomous AI-powered platform that enables creditors and lenders to maximize recovery rates w... hile minimizing costs through end-to-end collections automation. CollectWise automates the entire late-stage debt collection process, allowing creditors to recover debts that could not be resolved through voluntary communications like phone calls. The platform handles asset research, pre-legal outreach, litigation, credit reporting, and enforcement actions such as garnishments and liens. CollectWise's FDCPA-compliant AI agents send personalized emails and SMS communications to debtors, speak with debtors over the phone, report to credit bureaus, and automatically enforce judgments through liens or garnishments.Read More