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OpenDebt raises AUD $2 million in pre-seed funding from Blackbird Ventures and Antler to expand AI debt recovery operations in Australia and the US.
PRIVATESep 22, 2026•about 3 hours ago
Amount Raised
A$2 Million
Round Type
Seed
SydneySoftwareArtificial IntelligenceSaasFintech
Investors
AntlerBlackbird Ventures
Description
OpenDebt, a Sydney-based AI software company for debt recovery, has secured AUD $2 million in pre-seed funding from Blackbird Ventures and Antler. The capital will support expansion in Australia and early partnership development in the United States. The company's platform uses artificial intelligence to handle customer conversations across voice, SMS, and email while maintaining compliance with identity verification requirements. OpenDebt targets small accounts that are typically too costly for traditional recovery efforts, such as buy now pay later balances and utility bills.
Company Information
Company
OpenDebt
Location
Sydney, New South Wales, Australia
About
OpenDebt is a Sydney-based AI software company that automates debt recovery conversations for lenders and collection agencies. Its system handles customer interactions across voice, SMS, and email while ensuring compliance with debt collection regulations and consumer protection rules. The platform escalates cases to human specialists when customers show signs of hardship or request personal assistance. OpenDebt targets small or costly accounts such as buy now pay later balances, payday loans, and utility bills that are often unprofitable for traditional recovery methods.
Fundz sees it the moment OpenDebt raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
SydneySoftwareArtificial IntelligenceSaasFintech