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To become the new standard for how organisations resolve debt - ethically & technologically.
44% female employees
Debt affects millions of consumers in the UK. Over 300 people a day are declared insolvent or bankrupt – that's equivalent to one person roughly every 4 minutes. And at the same time, 12.8 million households have less than £1,500 in savings, and 4.8 million households live without at least one essential household appliance. But the aggressive ways in which companies collect debt remains relatively unchanged from 100 years ago. Ophelos launched in June of 2021, backed by investors such as AlbionVC, Connect Ventures and Fly Ventures. In 2023, we were acquired by Intrum, Europe’s biggest credit management service. Our growing team has team helped build some of the world’s most successful businesses, including the likes of Monzo, Google, Oracle, ASAPP, IBM and more — in addition to pioneering innovative products, sitting at the intersection of enterprise, financial technology, artificial intelligence and academia, working with institutions such as Oxford University, the University of Amsterdam and the University of Hong Kong.
Ophelos is a startup aiming to radically alter the way consumers manage debt. Its focus is on reimagining the customer experience by interacting with households through digital platforms and truly supporting them on their journey to become debt-free and beyond. Through its AI-native collections platform, the company helps people clear their debts flexibly and affordably, whilst businesses learn vital insights and improve their customer experience through Ophelos's tools. Leading UK clients of Ophelos include Octopus Energy, Scottish Power and Philips.
Ophelos is backed by some of Europe's top investors – who have previously backed Citymapper, Curve, TrueLayer, and Wayve - and was acquired by Europe's largest credit management service Intrum in 2023. This acquisition helped Ophelos enter 17 new European markets,
Freddie
Company Specialist at Welcome to the Jungle
Jun 2022
$6.5m
SEED
Jun 2021
$2.3m
SEED
Total funding
Amon Ghaiumy
(CEO)Experienced startup operator, previously Director at Moat (acquired by Oracle) and ASAPP.
Paul Chong
(CCO)Experienced technology executive, previously Head of IBM Watson, and VP at ASAPP.
Qingchen Wang, Ph.D
(Chief Scientist)Leading AI/ML researcher and professor at the University of Hong Kong.
Software Engineering