Last updated 2026-07-26
- Raised $100k grant led by Visa Everywhere Initiative, Oct 2024
- Raised $500k Series A led by Pioneer Fund, Jul 2022
- Raised $2M Seed round led by Pioneer Fund, Nov 2021
Total raised
$2.6M
Stage
Pre-Funding
Founded
2021
Headcount
5
HQ
Tel Aviv-Yafo, Israel
Sector
Fintech & Insurtech
About
FlyCode is a dunning and payment management AI that helps subscription merchants recover revenue lost to failed payments. Using machine learning, FlyCode intelligently manages payment retries, optimizes charging timing, and leverages backup cards to recover subscriptions before they cancel. FlyCode reports an 18-20% increase in payment recovery rates and can boost ARR by 5-10%. The company's application reduces passive churn by managing payment failures intelligently, enabling clients to recover and reduce churn and increase revenue.
Funding history · 3 rounds · $2.6M total
2024-10
Grant
$100K
★ Visa Everywhere InitiativeAmazon Web Services (AWS)
2022-07
A Round
$500K
★ Pioneer Fund★ Bossa Invest★ Y Combinator★ Irregular Expressions★ Y Combinator & 2 moreLWK VenturesViola FinTechShai FeinbergMeir WietchnerVenture ConceptSingularity CapitalNorth West Quadrant Ventures
2021-11
Seed
$2.0M
★ Pioneer FundBossa InvestLWK VenturesShai FeinbergMeir WietchnerVenture ConceptSingularity CapitalIrregular ExpressionsNorth West Quadrant Ventures
Headcount over time
From 12 (2023-03) to 8 (2025-04) · -4 (-33%) · 7 points · source: Finder history + radar grounding
Q&A
- What is FlyCode's primary business?
- FlyCode is an AI-powered payment recovery platform that aims to reduce involuntary churn for subscription businesses by intelligently managing payment retries, optimizing charging timing, and leveraging backup cards.
- Where is FlyCode headquartered?
- FlyCode is headquartered in Tel Aviv-Yafo, Israel, and also has an office in Boston, United States.
- What is FlyCode's total funding to date?
- FlyCode has raised a total of $4,500,000 USD.
- Which investors participated in FlyCode's Seed round in January 2022?
- In January 2022, FlyCode raised a Seed round with participation from Y Combinator and Pioneer Fund.
- Did FlyCode receive any grants recently?
- Yes, in October 2024, FlyCode received a $100,000 grant from Visa Everywhere Initiative.
- Who are the co-founders of FlyCode?
- The co-founders of FlyCode are Etai Avrahami, Tzachi Davidovich, and Jake Vacovec.
Team · 3
Etai Avrahami
Founder · Co-Founder
Tzachi Davidovich
Founder · Co-Founder
Jake Vacovec
Founder · Co-Founder
Sectors & technology
Primary sector
Fintech & Insurtech
Sub-sectors
Fintech & InsurtechMoney Transfer & Management
Technologies
Artificial IntelligenceDeep LearningMachine LearningPlatforms & InterfacesSoftwareAPIWeb
Target customers
Commerce & RetailFinancial ServicesEnterprise & Professional Services
Business model
B2B
Highlights
Verified
Tags
payments
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | flycode.com/ |
|---|---|
| linkedin.com/company/74525421 |
Identifiers & details
| Legal name | FlyCode Ltd. |
|---|---|
| Founded | 2021 |
| Employees (exact) | 5 |
| Offices | Boston |
Radar intelligence
Patents
| EPO | 1 |
|---|
Web history (Wayback)
| Domain | flycode.com |
|---|
Certificate / subdomain footprint
| Subdomains | 30 |
|---|
Israeli Companies Registrar (רשם החברות / ICA)
| Registrar # (ח.פ.) | 516423282 |
|---|---|
| Status | פעילה |
| Corp type | ישראלית חברה פרטית |
| Incorporated | 2021-06-28 |
| Purpose | לעסוק בכל עיסוק חוקי |
| Liability | מוגבלת |
| In violation (unfiled) | no |
| Last annual report | 2024 |
| Active charges / liens | 0 |
| Registry events | 0 |
| Registered address | דרך בגין 146 תל אביב - יפו |