Abivo Inc.

Based in Canada, Abivo Inc. is an AI-driven company specializing in automating accounts receivable collections, enhancing efficiency in financial operations for businesses. Abivo Inc. focuses on automating accounts receivable collections using artificial intelligence.

The company was founded in 2024 and is headquartered in Toronto, Canada. In March 2025, Abivo raised CAD 220,000 in pre-seed funding from investor Antler, which is the total amount raised to date. No specific pivots or changes in business operations have been noted. Abivo specializes in automating accounts receivable (A/R) collections through its AI-driven platform, designed to recover 86% of overdue accounts automatically while assisting human teams with the remaining 14%.

The core offering revolves around the AI agent named Kate, which communicates with clients via phone, email, and text messages, streamlining the collections process and enhancing customer relations. This technology is particularly beneficial for finance teams seeking to improve cash flow, reduce Days Sales Outstanding (DSO), and lower the costs associated with collections. Abivo's solutions have been effectively utilized by a diverse client base that includes both small businesses and larger industry leaders. The company's products are marketed primarily in North America, focusing on organizations looking to modernize their financial operations through innovative technology.

Abivo operates on a subscription-based revenue model, providing its AI collections platform as a service to its clients. Clients typically engage with the firm through partnerships that enable them to integrate the AI solution into their existing accounting, ERP, or CRM systems. Revenue is generated as clients pay for access to the platform, which automates their A/R processes and facilitates real-time communication with customers to recover outstanding invoices. While specific pricing details for the services are not disclosed, the company emphasizes the cost benefits of its solution, highlighting a 76% reduction in collection costs for users.

Abivo's flagship product, the AI collection agent, positions itself as a vital tool for modern finance teams, enhancing efficiency and effectiveness in collections management. In March 2025, Abivo Inc. raised CAD 220,000 in pre-seed funding from new investor Antler. The company plans to utilize this funding to accelerate its growth initiatives.

While specific details regarding upcoming products have not been disclosed, Abivo aims to expand its offerings and enhance its existing technology. Moreover, there is a strategy to penetrate additional markets and geographic regions, although specific target markets and timelines have not been publicly outlined.