Founded by Barbaros Özbuğutu and Volkan Özkan, Donnerstag.ai has raised €4.3 million in a seed round led by Speedinvest, one of Europe’s leading funds. The investment round also included QED Investors, Crestone VC and a number of European angel investors.
The startup offers an AI-powered receivables management platform specifically designed for suppliers. The platform’s main goal is to prevent companies from incurring losses due to payment delays and discrepancies, as well as providing full transparency on the status of receivables.
Donnerstag.ai combines information from various ERP systems, service records and bank data to detect discrepancies in real time and automatically reconcile thousands of transactions. An intelligent algorithm identifies discrepancies, predicts missing data and alerts the finance team before potential revenue loss occurs. The system, which continuously learns from customer data, becomes more accurate over time, becoming a proactive financial control layer for businesses.
Co-founder and CEO Barbaros Özbuğut says:
“Every year, billions of euros are lost to suppliers due to a lack of information on what is delivered, invoiced and paid. With the AI platform we created in Germany, we aim to bring full transparency to this critical area.”
The startup, which will launch in 2025, intends to accelerate its expansion plans across Europe with the investment.
Stefan Klestil, general partner at Speedinvest, shared his thoughts on the startup:
“At a time when AI is reshaping ERP and finance systems, Donnerstag.ai creates a completely new category that has not existed in the market before. Barbaros and Volkan perfectly combine product competence, strategic vision and operational skills. We are delighted to lead this round and believe that together we will shape the future of the European fintech sector.”
