AI-powered invoicing tool Cashfeed has secured €1.3 million in funding. The startup, part of the StarApps ecosystem, is gearing up to seize the opportunities brought on by Belgium’s upcoming e-invoicing mandate. “With Cashfeed, managing invoices and payments is up to ten times faster,” say the founders.
From 2026, e-invoicing will be mandatory. That’s prompting more and more entrepreneurs and accountants to switch to digital tools. But many of the existing solutions are outdated, slow and barely automated.
Cashfeed takes a different approach. Its AI software handles the entire invoicing workflow. Invoices are automatically collected from email inboxes, the PEPPOL network and online portals. Payments happen with a single click, optionally after approval via familiar platforms like Microsoft Teams or Slack. The smart system also detects and follows up on unpaid outgoing invoices automatically.
The tool isn’t just for business owners ; it also lightens the load for accountants. Cashfeed scans invoices automatically and will soon be able to link them directly to the correct accounting data, like VAT codes or general ledger accounts. The solution integrates smoothly with external software such as Exact Online, making it easy to embed in existing workflows.
“Business owners and accountants still waste too much time on manual admin and tracking down documents,” says Dennis Verjans, co-founder of Cashfeed. “Our tool automates the entire journey from inbox to payment. With Cashfeed, invoicing and payment management are up to ten times faster. It connects to the PEPPOL network and works seamlessly with third-party tools, allowing monthly or quarterly closings to be wrapped up up to three times quicker.”
35,000 invoices
Things have moved quickly since the March launch. Cashfeed now serves more than 350 clients, including cybersecurity firm Aikido and order and payment platform orderBilly. The startup has already processed over 35,000 invoices and grown to a team of seven in just a few months.
Partnering with Baker Tilly
Alongside the funding news, Cashfeed also announced a strategic partnership with consultancy and accounting firm Baker Tilly. The firm will provide strategic guidance and is already testing the tool with its own clients.
“Cashfeed fits perfectly into our broader digitalisation journey. Advisory firms still spend too much time chasing clients for receipts or VAT filings. A solution like Cashfeed offers immediate value; it takes care of those tasks for business owners, while letting us focus on high-impact advisory work,” says Steff Siau, Partner and certified tax accountant at Baker Tilly.
Seizing the opportunity
The €1.3 million round was led by tech fund Pitchdrive, with backing from StarApps and support from VLAIO. The startup plans to invest heavily in product development for the Belgian market in the run-up to the 2026 e-invoicing requirement.
“In the short term, we want to respond quickly to this new mandate,” says Stijn Heuninck. “Our goal is to become the go-to invoicing solution in Belgium. After that, we’ll look beyond our borders. By 2030, many other European countries will also have to comply with ViDA regulations. That opens up exciting opportunities.”