Amsterdam Startup Neno Raises €6.6 Mn Seed Funding to Expand AI Finance Platform

Neno also plans to enter more European markets. The funding round was led by New York-based venture fund AlleyCorp, with participation from Motive Partners, Firstminute Capital and several angel investors, including executives from Hugging Face, Mollie, Juni, Deel, Miro, Coinbase, PayPal and Navro.

“Instead of business owners coordinating between banks, bookkeepers, and tax advisors, we deliver a single “done-for-you” state of work where reconciliation, compliance, and reporting happen automatically in the background. The business owner’s only touchpoint is reviewing what’s already been handled,” said Nick Knuppe, founder and CEO of Neno.

“AI-native financial infrastructure with embedded professional services is one of the most compelling untouched opportunities in modern fintech today. Neno is reengineering the very role of accountants and tax advisors, disrupting a 50-year-old professional services model. The team’s deep domain experience and ability to become a category leader in AI-native financial services were key reasons for AlleyCorp to invest,” said Luc Ryan-Schreiber, Investor at AlleyCorp

Hugo Bongers, Partner at Motive Partners aligned to a similar thesis: "Finished work in AI-native financial services is exactly the category we're excited about. Executing on it requires a team that understands both the technology and the profession, and Neno's team, drawn from Adyen, Mollie, Plaid, and Big Four firms including Deloitte, EY and BDO, delivers on both fronts."

Lorcan Delaney, Partner at Firstminute Capital: "Europe's accounting and tax landscape is fragmented by design, different rules, filings, and formats in every market. That complexity has kept the incumbent model safe for decades, and it's exactly what an agentic general ledger is built to absorb. Nick and the team pair deep B2B fintech and Big Four experience with real AI depth to execute on that vision."

Neno launched in the first quarter of 2026 and provides AI-powered financial services for small and medium-sized businesses. Its platform brings accounting, tax and other financial tasks together in one place.

Since its launch, Neno has grown quickly and now serves nearly 200 customers. The company aims to make financial management easier for businesses by reducing the need to use different services.

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Neno is targeting a large European market. More than half of Europe’s 26 million SMEs outsource accounting, payroll and tax work to professional service providers. The company estimates that this market is worth around €200 billion each year.