Fintower, a Swedish software company specializing in AI-driven financial planning and analysis (FP&A), has announced the closing of an oversubscribed €1.5 million seed funding round. The investment was led by Chalmers Ventures, an investment company from Sweden.
Founded by Salman Eskandari and Ehsan Yazdani, Fintower provides an alternative to traditional spreadsheet-based financial modeling. According to their statement, the platform utilizes artificial intelligence to consolidate budgets, forecasts, and reports into a single system, integrating data from accounting, HR, CRM, and billing tools. This approach is designed to connect financial metrics directly to operational areas such as sales, products, and personnel.
The company reports that the funding round was expanded due to high investor demand. Fintower intends to use the fresh capital to accelerate product development and scale its operations across the Nordic region. The startup currently serves a diverse client base across the technology, energy, retail, and credit sectors, targeting growth-oriented organizations that require real-time financial transparency and automated decision support.
