Plino secures €650K to automate SME financial planning with AI

Turin-based Plino, which uses generative AI to streamline
analysis of accounting, cost, revenue, and cash-flow data for SMEs, has closed a €650,000 funding
round.

Investors
include Exor Ventures, Berkeley SkyDeck Europe (UC Berkeley’s accelerator with
Cariplo Factory and Lendlease), and a syndicate of Italian backers led by
Techaround.vc, joined by Zooga.vc and several business angels, including CFOs
and accountants.

Incubated
since 2024 at I3P, the Innovative Companies Incubator of Politecnico di Torino,
Plino was founded by Pietro Galimberti, Viola Bonesu, and Enrico Castelli. The
founders combine backgrounds in philosophy, engineering, finance, and AI,
convinced that innovation happens at the intersections.

Italian
SMEs struggle with fragmented financial workflows – data scattered across
accountants, software, and banks; manual analysis spread over dozens of
spreadsheets; and delays that push managers to rely on instinct rather than
evidence.

Plino replaces this with a single platform for real-time tracking of
sales, costs, revenue, and cash flow, liquidity forecasting, and automatically
generated, easy-to-read reports.

Today,
Plino supports more than 100 SMEs across Italy in sectors such as
manufacturing, services, food, hospitality, and construction. The goal is simple:
give SMEs a fast, accurate system for making strategic, data-driven decisions.

The new
capital will accelerate the development of AI features such as cash-flow
forecasting, natural-language report generation, and profitability analysis at
the product or project level.

In
parallel, Plino will grow its product, technology, and sales teams and deepen
partnerships with professional firms and trade associations, bringing AI-driven
innovation into the accounting profession.