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CollectWise

Active

Automating consumer debt collection with AI

Fall 2024Founded 20248 peopleNew York City, NY, USA

About

CollectWise automates consumer debt collection with AI. Our platform allows creditors and agencies to double their recovery rates while reducing collection costs by 75%.

Founders ยท 1

Sean OBrien
Sean OBrienFounder
๐ŸŽ“ University of Virginia

I'm the co-founder and CEO of CollectWise. Before CollectWise, I scaled a digital agency to six figures in annual revenue, ran another fintech startup, and studied Computer Science & Finance at the University of Virginia.

Launch

Launched on Y Combinator ยท Nov 2024
View launch post โ†—

AI collection agents that recover 2X as much debt at a fraction of the cost

CollectWise automates the late-stage consumer debt collection process using AI, handling asset research, pre-legal outreach, litigation, credit reporting, and enforcement actions to help creditors recover debts more efficiently. The platform targets creditors and debtors, aiming to increase recovery rates while reducing costs.

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