Copenhagen-based Plinto has raised €2.9 million in pre-seed funding from People Ventures and Emblem to accelerate product development and bring real-time finance to more businesses. Both investors share the company’s vision that the role of controlling is shifting from single teams to distributed control involving the entire business, coordinated by AI agents.
The funding marks the next stage for a company founded to solve a long-standing problem that stayed unsolved for decades because of the limits of technology. Since then, Plinto has built a platform that reviews and acts on thousands of transactions every day, with a clear vision: finance should happen in real time, just like the business itself. The new funding will help the company develop its product faster and expand into new markets, helping more companies realise the potential of AI and make the shift into a future of real-time finance.
“On the market side, it was very much down to my own background. I’ve tried to fix this problem myself. The essence is that they understand that to change how finance works, you have to go all the way out to where a transaction starts, and give the company the platform to build controls that fit its reality,”
said Magnus Stagsted, Partner at People Ventures.
People Ventures is a Nordic operational early-stage fund whose team works closely with founders on finance, go-to-market, and sales, with previous investments including Pandektes, Hosted.ai, and After Technologies.
The other investor, Emblem, is a European early-stage venture capital firm with a strong network, track record, and on-the-ground presence in Paris, Copenhagen, Stockholm, and London. Its portfolio includes Lovable, Pillar, Pivot, and The Mobile-First Company.
“The founders of Plinto all played key roles in building Peakon, my first investment in Denmark and a personal success story, which was ultimately acquired by Workday for over $700 million. They know firsthand how to turn complex, fragmented information into a continuous flow of insights that helps companies improve their efficiency and performance. I’m very happy to back them again on this new journey,”
said Guillaume Durao, Founder and GP at Emblem.
