What is Chaser Technologies?
Chaser Technologies Limited operates an award-winning, all-in-one platform designed to streamline accounts receivables, debt collections, and outsourced credit control services for businesses. The platform enables users to perform credit checks, monitor debtors, chase late invoices, collect payments, recover debt, and reconcile accounts within a single, integrated system. By employing automated yet personalized payment reminders, Chaser ensures timely invoice settlement while maintaining a crucial human touch. The company's efficacy is highlighted by its success in helping users chase over USD 10 billion in overdue invoices and its consistent recognition, including 'Cloud App of the Year' for three consecutive years and Xero's 'App Partner of the Year'.
How much funding has Chaser Technologies raised?
Chaser Technologies has raised a total of $4M across 1 funding round:
Angel/Seed
$4M
Angel/Seed (2019): $4M with participation from Fuel Ventures, Sussex Place Ventures, Craig Winkler, and Beacon Capital
Key Investors in Chaser Technologies
Fuel Ventures
Fuel Ventures is a UK-based venture capital firm established in 2015, specializing in funding ambitious tech companies with early commercial traction. They provide investments, operational expertise, and network support to both B2B and B2C technology startups.
Sussex Place Ventures
Sussex Place Ventures is an early-stage venture capital investor associated with the London Business School, focusing on enterprise software and deep technology startups. They support entrepreneurs in scaling their businesses effectively.
Beacon Capital
Beacon VC is a European venture capital firm that invests in early-stage enterprise software startups, with a particular focus on AI-powered solutions. They offer capital and strategic support to help founders scale their technologies and refine market strategies.
What's next for Chaser Technologies?
The recent major strategic investment signals a pivotal growth phase for Chaser Technologies, likely aimed at expanding its market reach and enhancing its platform capabilities. With a strong foundation in automating accounts receivables and a proven track record of helping businesses recover significant amounts of overdue invoices, the company is well-positioned to capitalize on this capital injection. Future developments may include further integration with accounting software, expansion into new geographical markets, and the introduction of advanced AI-driven credit management tools to solidify its position as a leader in financial automation solutions.
See full Chaser Technologies company page
