Copenhagen-based
AI startup Plinto has raised €2.9 million in a funding round from People Ventures and Emblem to further develop its AI-powered financial transaction
monitoring platform, expand its enterprise customer base and support its first
steps into international markets.
Founded
in early 2025 by Jakob Nielsen, Nermina Suljevic and Sebastian Rehnby, Plinto
develops AI agents that help companies identify and resolve errors in financial
transactions. The platform automates checks that finance teams typically
perform manually, helping ensure that transactions comply with contracts,
budgets and internal policies.
Plinto
integrates with companies’ existing systems, including enterprise resource
planning (ERP) software, documents, banking systems and communication tools
such as Slack and Microsoft Teams. Its AI agents check transactions against
agreed terms, investigate discrepancies and collect supporting evidence. When
an issue is identified, the agents can follow up with relevant parties, contact
suppliers about incorrect invoices, request credit notes or prepare corrections
for approval.
The
company aims to address challenges faced by larger businesses, where high
transaction volumes often lead finance teams to rely on spot checks or
month-end reviews. This can result in incorrect charges or duplicate invoices
going unnoticed until payments have been processed.
Jakob
Nielsen, co-founder of Plinto, explained that verifying whether transactions
comply with agreements and internal rules remains largely a manual process,
despite companies having systems to record them. He added:
We’re
building AI agents that find deviations, investigate them and take action, so
errors get fixed.
Plinto
currently has paying customers and pilot projects across logistics, real
estate, facility services and food production. According to the company, its AI
agents have identified around 430 discrepancies per month in one area of a
customer’s business. In another case, the platform detected a duplicate invoice
submitted under a different supplier name before a second payment could be
made.
Many
of our customers work with low margins, so even small errors can quickly add
up. The problem is that they’re often only discovered after the money has been
paid. We want companies to catch and fix errors before they hit the bottom
line,
said Nermina Suljevic, co-founder and CEO of Plinto.
With
the new funding, Plinto plans to accelerate product development, attract more
enterprise customers and begin expanding beyond Denmark.