The
Gothenburg-based company Fintower has closed an oversubscribed €1.5 million
seed round, attracting both new and existing investors. Participants include
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.
Founded
by Salman Eskandari and Ehsan Yazdani, Fintower is a Swedish SaaS company
developing an AI-powered financial planning and analysis platform. The company
aims to modernise how organisations 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.
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 initial funding round, Fintower has attracted customers across sectors
including technology, finance, retail, and energy. These organisations
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.