Finto, an AI accounting startup based in Munich, has raised $3.4 million to bring AI agents into enterprise accounting.
The company is building a platform that automates the invoice-to-pay process for enterprises, including checking incoming invoices, assessing them for tax treatment, coding them, matching them against purchase orders, resolving discrepancies, and preparing ERP postings into systems such as SAP, Microsoft Dynamics, and DATEV.
The round includes Y Combinator, Gradient, and Lightspeed, alongside finance executives Lukas Deutsch, Jürgen Klöpffer, and Michael Felix. Finto said the new funding will be used to push further into accounting workflows that have historically remained manual despite years of software adoption.
The company is building a platform that automates the invoice-to-pay process for enterprises, including checking incoming invoices, assessing them for tax treatment, coding them, matching them against purchase orders, resolving discrepancies, and preparing ERP postings into systems such as SAP, Microsoft Dynamics, and DATEV.
The round includes Y Combinator, Gradient, and Lightspeed, alongside finance executives Lukas Deutsch, Jürgen Klöpffer, and Michael Felix. Finto said the new funding will be used to push further into accounting workflows that have historically remained manual despite years of software adoption.