Fintower, a Swedish SaaS company based in Gothenburg, has announced the completion of an oversubscribed €1.5 million seed round. The funding included new and existing investors, including Chalmers Ventures, Akka, the Stena family through William Olsson, several entrepreneurs and angel investors, as well as existing investors Almi, Daniel Jonsson from Inet, and Alexander Hars.

AI-Powered Financial Planning Platform

Founded by Salman Eskandari and Ehsan Yazdani, Fintower is developing an AI-powered financial planning and analysis platform. The aim is to modernize how organizations manage financial planning, an area that is still largely reliant on manual spreadsheets that can be slow, fragile, and difficult to update as conditions change.

Fintower’s platform consolidates budgets, forecasts, reports, and operational data into a single system. By integrating with accounting, HR, CRM, and billing tools, it supports budgeting, forecasting, reporting, scenario planning, and cash flow analysis, enabling finance teams to build flexible financial models and make faster, data-driven decisions.

Customers and Future Growth

Fintower has already attracted customers across sectors including technology, finance, retail, and energy. These organizations typically operate in complex environments that require structured financial and operational management, often alongside external funding and clear growth objectives. The new capital will be used to further develop the product and support the company’s long-term growth.