Sweden Startup Fintower Raises €1.5M In Oversubscribed Seed Round

Participants include Chalmers Ventures, Akka, the Stena family via William Olsson, several entrepreneurs and angel investors, as well as returning backers Almi, Daniel Jonsson from Inet, and Alexander Hars.

Founded by Salman Eskandari and Ehsan Yazdani, Fintower is a Swedish SaaS company creating an AI-powered platform for financial planning and analysis.

It seeks to modernize financial management, replacing slow, error-prone spreadsheets with a smarter, faster and more adaptable solution for changing business conditions.

Read Also - ElevenLabs Raises $500M At $11B Valuation To Expand Conversational AI

Fintower’s platform brings together budgets, forecasts, reports, and operational data in one system. By connecting with accounting, HR, CRM and billing tools, it enables budgeting, forecasting, reporting, scenario planning, and cash flow analysis, helping finance teams create flexible models and make faster, data-driven decisions.

Many financial systems are built around accounting charts, not the realities of the business. We have focused on products, sales, and personnel, connecting finance and operations in the same system, says Ehsan Yazdani, co-founder of Fintower.

Since its first funding round, Fintower has gained clients across technology, finance, retail, and energy. These organizations often operate in complex environments that demand structured financial and operational management, frequently alongside external funding and ambitious growth targets.

The new funding will be used to enhance the product and support Fintower’s long-term growth.

About Fintower

Fintower is an AI-powered finance workspace for CFOs, CEOs and finance teams. It modernizes planning, forecasting and reporting, replacing spreadsheets and slow BI tools with instant, data-driven insights to help leaders make faster, smarter financial decisions and drive business growth.