Managing invoices, purchase orders, and financial records still takes hours of manual work for many businesses. As companies look for faster and more efficient ways to handle accounting, artificial intelligence is becoming an important tool. Munich-based startup Finto is building AI software designed to automate these routine finance tasks, and investors have taken notice. The company has announced $3.4 million in seed funding, marking an important step in its growth.
Finto secures $3.4 million in seed funding
Finto, an AI accounting startup based in Munich, Germany, has raised $3.4 million in seed funding. The investment round was backed by Y Combinator, Gradient, Alphabet’s AI-focused venture fund, and Lightspeed. The funding reflects growing investor interest in AI solutions that help businesses improve financial operations through automation.
Founded in 2025, Finto develops AI agents that support enterprise accounting by automating repetitive tasks while working alongside existing finance systems.
AI agents built for enterprise finance
Finto’s platform is designed to reduce the time finance teams spend on routine accounting work. Its AI agents automate processes such as invoice verification, account coding, and purchase order matching. Rather than replacing existing business software, the platform integrates with commonly used enterprise systems, including SAP, Microsoft Dynamics, and DATEV.
By automating these tasks, the company aims to help finance professionals complete accounting processes more efficiently while reducing manual effort and improving consistency.
Building for the European market
Although the founders participated in Y Combinator in the United States, they chose to keep Finto’s headquarters in Munich. The company believes businesses in Europe need accounting solutions that fit local enterprise software environments and regional business requirements.
Operating from Germany also places the startup close to many manufacturing and enterprise customers that rely on established accounting platforms.
Experienced founders with enterprise software background
Finto was founded by Jonas Morgner, Linus Boehm, and Lorenz Neuner. Before launching the company, the founders gained experience at enterprise software companies, including Tacto and TradeLink. Their background in business software helped shape Finto’s focus on simplifying complex accounting workflows through AI.
The founders built the platform to address one of the biggest challenges finance departments face today: handling large volumes of repetitive accounting tasks without slowing business operations.
Early customer adoption
Finto has already begun working with customers in Germany. Companies using its platform include Eat Happy Group, known for its fresh sushi business, and Arminia Bielefeld, the German football club. These early customers show that the platform is already being used in real business environments where finance teams process large numbers of accounting transactions.
Their adoption also highlights growing confidence in AI-powered tools that support enterprise finance without requiring businesses to replace their existing accounting systems.
Growing demand for AI in accounting
Accounting departments are under increasing pressure to process financial data accurately while managing higher transaction volumes. AI-powered automation has become an important way for businesses to improve efficiency without adding more manual work.
Finto enters this market with a platform focused on practical accounting tasks rather than general-purpose AI. Its software is designed to work with enterprise finance systems that many European businesses already use, making adoption easier for organizations looking to modernize their accounting operations.
Looking ahead
The new seed funding provides another milestone for Finto as it continues developing AI solutions for enterprise accounting. With backing from well-known technology investors and a clear focus on finance automation, the company is positioning itself to support businesses seeking faster and more efficient accounting processes.
As more organizations adopt AI to streamline financial operations, Finto is working to make enterprise accounting more automated, accurate, and easier to manage while remaining compatible with the software systems companies already trust.
