LinkedIn company data shows Grace Jolas, former Head of Operations, departed in April 2026.
SourcePublic company, workplace, funding, and market signals
Updated Jul 29, 2026
CollectWise is a New York-based YC Fall 2024 startup that uses generative AI agents to automate late-stage consumer debt collection for agencies, debt buyers, collection law firms, original creditors, and in-house collections teams, with compliance-first messaging and performance-based pricing.
Primary product
Autonomous AI agents for debt collection automation
Founded
2024
Headquarters
New York City, New York, United States
Team size
1-10
Work style
Flexible
Industry
Financial Services
Sub-industry
AI debt collection / collections automation
Offices
0 jobs at CollectWise
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Business model
Leadership
Founder & CEO
Founders
Co-founder & CTO
Investors
Founder-led, fast-moving, and execution-heavy, with an emphasis on compliance, respectful customer interactions, high ownership, and rapid iteration.
Work style
Flexible
Visa sponsorship
No
Compensation
Public job postings show roughly $200K-$300K compensation for AI Agent Engineer and Founding Account Executive roles, with additional equity and commission upside; a Forward Deployed Engineer role is listed at about $160K-$250K plus equity.
Benefits
Pricing
Performance-based percentage fee on recovered debt, with usage billed only for connected talk time and custom quotes via sales.
Differentiators
Technology
Customers
Competitors
Estimated revenue
Around $2M annualized run rate (inferred; likely within the $1M-$5M band)
Estimated monthly visits
4.1K
Traffic estimate as of Jul 2026
LinkedIn company data shows Grace Jolas, former Head of Operations, departed in April 2026.
SourceLavX News · Jul 2026
A July 2026 profile said CollectWise was hiring its first account executive to scale from about $2M annualized run rate toward $10M ARR.
LavX News · May 2026
A 2026 profile highlighted CollectWise's 2X performance claim, $2M annualized run rate, and five-person team as signs of early traction.
GlobeNewswire / CoreNest Capital · Jan 2025
CoreNest said it invested in CollectWise as part of a broader AI/fintech investment tranche, reinforcing that the company had outside financing beyond Y Combinator.
Ignite Insights · Aug 2024
Sean O'Brien discussed CollectWise's origin, performance-based pricing, AI automation of debt collection workflows, and the company's aim to modernize a legacy, compliance-heavy industry.