F

FlyCode

Seed

Stop losing revenue to failed payments

AI-powered payment recovery platform that reduces involuntary churn for subscription businesses.

Founded January 2021Boston, MA7 people$4.5M raisedFeatured at Seed
FintechPaymentsSaasAiSubscriptionChurn ReductionDunningPayment Recovery

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. Founded by Tzachi Davidovich, Etai Avrahami, and Jake Vacovec, the company graduated from Y Combinator (S22) and pivoted from a no-code product editing tool to focus entirely on payment recovery — a critical pain point for SaaS and B2C subscription companies where 20-40% of churn is involuntary. FlyCode reports an 18-20% increase in payment recovery rates and can boost ARR by 5-10%.

DailyDropout Take

FlyCode caught our attention as a YC-backed team tackling the unsexy but massive problem of failed payments — responsible for 20-40% of subscription churn. Their pivot from no-code tooling to AI-powered payment recovery shows strong founder adaptability, and their early results (18-20% recovery improvement) suggest real product-market fit in a space every subscription business cares about.

Discovery signal: YC S22 batch, strong pivot execution from developer tools to fintech, early traction metrics in payment recovery

What Makes Them Unique

FlyCode combines AI-driven payment retry optimization with backup card recovery during the critical 30-day window before subscription cancellation, achieving recovery rates up to 66% — significantly higher than traditional dunning approaches.

18-20%

Payment Recovery Increase

5-10%

ARR Boost

7

Team Size

Target Markets

SaaS CompaniesB2C Subscription BusinessesDigital MediaAI Companies

Founders

T

Tzachi Davidovich

Co-Founder & CEO

E

Etai Avrahami

Co-Founder & CTO

J

Jake Vacovec

Co-Founder

Funding History

Seed$4.5M
Jan 1, 2022

Lead: Pioneer Fund

Pioneer FundBossa InvestIrregular ExpressionsNorth West Quadrant VenturesSingularity Capital

Investors

Firms

Pioneer FundBossa InvestIrregular ExpressionsNorth West Quadrant VenturesSingularity Capital

Accelerators

Y Combinator (S22)

Competitive Landscape

Last updated: Feb 15, 2026