Murphy Raises $15M to Fix the Broken Industry of Debt Servicing With AI

Murphy, the AI-native platform transforming debt servicing through fully autonomous agents, comes out of stealth after raising $15 million in pre-seed and seed funding to accelerate its expansion across Europe and the United States. The round was led by Northzone, with participation from ElevenLabs, Lakestar, Seedcamp, and existing investors.

Debt servicing has historically been a slow, fragmented, and highly analogue industry, relying on costly call centers and generic engagement methods that leave vast amounts of recoverable debt untouched or written off. Murphy is reimagining the process from the ground up. By combining state-of-the-art AI voice agents, omnichannel outreach, and behavioural personalisation, Murphy is unlocking significant value for Debt Collection Agencies (DCAs) and enterprises that struggle with non-performing loans, 24/7 across over 30 languages.

“We’re building AI-native infrastructure that replaces traditional call centers with a scalable, multilingual solution. It helps companies recover more, faster, and more cost-efficiently, while staying compliant and treating debtors with respect.” said Borja Sole, co-founder and CEO of Murphy. Murphy’s technology has already been adopted by leading financial institutions, telecommunications providers, and mobility companies across Europe. Current customers include some of the largest banks, telecommunications, utility and debt servicing companies globally. In less than a year since launch, the company is managing hundreds of millions of dollars in debt, demonstrating superior recovery rates and drastically reducing operational costs compared to traditional methods.

‘Debt servicing is a $300+ billion global industry that is ripe for disruption. After reviewing countless verticals, this stood out as a space where AI can make a major impact. Given their experience and relentless development speed, Borja and his team are uniquely positioned to transform this space.’ said Jeppe Zink, Partner at Northzone. ‘Murphy is delivering bottom line impact, to very large organisations in complex and regulated markets— that is extremely rare and a testament to the strength of the product the team has built’ adds Pascual Cortes-Monroy, VP at Northzone.

Founded in late 2024 by Borja Sole and Marc Sanchez, Murphy’s team brings together expertise from fintech, AI engineering, and B2B SaaS. The company plans to use the funding to scale its product, expand its technical and go-to-market teams, and support rapid international expansion.

With this Murphy funding success, the company is going to start a new era of automated debt servicing, making collections easier with the help of AI.