Barcelona-based AI-powered debt collection platform Murphy has raised $15 million from leading investors, including Northzone and voice AI startup ElevenLabs, signaling strong confidence in the wider adoption of AI automation within regulated financial services.
- Founded in 2024 by Borja Sole and Marc Sanchez, Murphy develops an AI-powered debt servicing platform that replaces traditional call centres with fully autonomous agents.
- The firm supports over 100 languages and operates 24/7 across multiple channels, including email, SMS, and voice calls. The platform combines artificial intelligence with behavioral personalization to engage debtors respectfully and efficiently.
- According to the company, it boosts recovery rates by around 40% while reducing collection time by 75%. Murphy also provides detailed analytics through dashboards that track recovery performance and timelines.
Details of the deal
- The $15 million raised across pre-seed and seed funding rounds includes $2 million in pre-seed and $13 million in seed funding, led by Northzone, a London-based venture capital firm known for investing in early to growth-stage tech startups across Europe and the US, with notable portfolio companies such as Spotify and Klarna.
“Debt servicing is a $300+ billion global industry ripe for disruption. After reviewing countless verticals, this stood out as one where AI can make a major impact. Given their experience and relentless pace, Borja, Marc, and the team are uniquely positioned to transform the space," Partner at Northzone, Jeppe Zink, commented.
- The investment also included participation from ElevenLabs, a Polish-founded startup, Lakestar, Seedcamp, and Enzo Ventures.
- With the fresh capital, Murphy AI plans to scale its AI-powered debt servicing platform by enhancing its multilingual capabilities, automation features, and compliance tools. The company will also grow its technical and go-to-market teams to support product development, sales, and customer success.
