Plino Secures €650K Round To Improve SMEs’ Financial Planning And Analysis With Generative AI

Founded in 2023 within Turin’s Vento program, Plino attracted investment from Exor Ventures, Berkeley SkyDeck Europe, Techaround.vc, Zooga.vc, and several business angels, including CFOs and accountants. Legal support was provided by Studio Sani Zangrando.

The funds will accelerate platform development with AI features like cash flow forecasting, automated natural language reports, and product-level profitability analysis. Plino will also expand its nine-member team and strengthen partnerships with professional firms and trade associations to bring AI innovation to the accounting sector.

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“We chose to invest in Plino because it represents the perfect combination of a determined, multidisciplinary team and one of the most relevant yet overlooked challenges of the Italian economy: financial planning and analysis for SMEs. The market is vast, still largely untapped, and the timing is right: more and more SMEs are realizing the need to structure financial management in a more rigorous and strategic way,” explains Pietro Invernizzi, Managing Director of Techaround.vc.

“Plino’s solution stands out for its ease of use, making it accessible even to entrepreneurs and managers with limited digital literacy, lowering the technological barrier that has often the hindered adoption of similar tools. Combined with a solid product vision and a data-driven approach, this convinces us that Plino can become a benchmark in the Italian market and successfully scale across other European markets as well”

Incubated since 2024 at I3P, Politecnico di Torino’s startup incubator, Plino was founded by Pietro Galimberti (1998), Viola Bonesu (1999), and Enrico Castelli (1997), all Forbes Under 30 (2024).

Combining backgrounds in philosophy, engineering, finance, and AI, they focus on solving a major challenge for Italian SMEs: slow, manual, and incomplete financial planning and analysis.

“One of our clients in the food sector told us they used to spend over 10 hours a week manually reclassifying revenues and costs to identify their largest customers, best-selling product families and cost-absorbing areas. Managing five bank accounts was also entirely manual, without real-time visibility on cash flows. With Plino, this entire process has been automated, and managers now make strategic decisions in seconds, with clear, always up-to-date data,” explain Plino’s founders.

“And cases like this are not isolated: every day we meet dozens of companies in sectors ranging from manufacturing to construction, from hospitality to food service, facing the same difficulties. Our goal is to help them say goodbye to manual processes and Excel spreadsheets, replacing them with reliable insights for informed strategic decisions”

Italian SMEs often struggle with fragmented processes: data scattered across accountants, software, and banks; manual analyses in multiple Excel files; and delays forcing managers to rely on intuition.

Plino simplifies this with a single platform for real-time monitoring of sales, costs, revenues, cash flow, liquidity forecasting, and automated reports.

Currently supporting over 100 Italian SMEs in manufacturing, services, food, hospitality, and construction, Plino plans to strengthen its presence, add features like labor cost and production analysis, and expand its team with this funding round.

About Plino

Founded in Turin and incubated at I3P, Politecnico di Torino’s startup incubator, Plino is led by three Forbes Under 30 Finance founders (2024) and recognized by Berkeley SkyDeck as a top European startup. It aims to transform SME financial planning, making accounting, cost, revenue and cash flow analysis fast, accurate, and AI-driven.