Levon Brutyan’s Collectly raises USD 1,9m investment

U.S.-based Armenian Collectly startup raised USD 1,9m seed financing. The company offers machine learning-based system of debt management for corporate clients.

The financing was led by GoAhead Ventures, with participation from Lightspeed Venture Partners, Index Ventures, WTI, IT-Farm, Cabra.vc, Granatus Ventures, HIVE and OnWave Ventures.

Co-founder and CEO Levon Brutyan told TechCrunch that Collectly’s focus is currently the healthcare industry. The company is looking to sign up the 100,000 different medical practices around the country. To help with that effort, the team is working on integration with Athena Health and DrChrono, some of the largest electronic health record providers.

Let us remind that the startup participated in the acceleration program of Y Combinator in spring, one of the most popular accelerators in America.