Turin Startup Plino Secures €650,000 to Revolutionize SME Financial Management with AI Insights

September 15, 2025
Turin Startup Plino Secures €650,000 to Revolutionize SME Financial Management with AI Insights
  • While critics warn about potential AI biases, Plino emphasizes rigorous testing and human oversight to ensure reliable and ethical AI deployment.

  • Looking ahead, Plino plans to expand its product features, including analysis of labor costs and production performance, and to strengthen partnerships with professional firms and trade associations.

  • The recent funding will support product development, accelerate AI feature integration such as cash-flow forecasting and profitability analysis, and help the startup scale its impact across Italy and Europe.

  • By addressing slow, manual financial planning with a unified, real-time platform, Plino aims to tackle SME cash flow volatility and support sectors like manufacturing, hospitality, and construction.

  • The startup's broader vision aligns with Italy’s national AI strategy, which aims to boost productivity and economic growth, projected to increase by €115 billion in 2025.

  • With backing from high-profile investors and transatlantic credibility from Berkeley SkyDeck, Plino is positioned to expand beyond Italy into wider European markets, developing new AI features and growing its team.

  • Plino, a Turin-based startup founded in 2024 and incubated at I3P, has secured €650,000 in funding from prominent investors including Exor Ventures, Berkeley SkyDeck Europe, and Italian firms like Techaround.vc and Zooga.vc, to advance its AI-driven financial analysis platform for SMEs.

  • This funding reflects Italy's growing investment in tech, especially in AI and medtech sectors, with the first half of 2025 seeing Italian startups raise €353.4 million, signaling a broader trend of increasing support for innovative solutions.

  • Supported by its incubation and a thriving national ecosystem, Plino aims to transform SME financial management by offering real-time, AI-powered insights that address the fragmentation and manual nature of traditional financial workflows.

  • The platform consolidates sales, costs, revenue, and cash flow data into a single, real-time system, helping SMEs streamline their financial operations and make data-driven decisions.

  • Currently supporting over 100 SMEs across sectors like manufacturing, services, food, hospitality, and construction, Plino's goal is to democratize high-level financial analytics for Italian entrepreneurs.

  • Using generative AI, the platform monitors financial metrics such as costs, revenues, and cash flows in real time, providing actionable insights and natural language reporting to make complex data accessible.

  • One client in the food sector reported saving over 10 hours weekly previously spent on manual revenue and cost reclassification, thanks to Plino’s automation, which also enhances real-time cash flow visibility.

Summary based on 3 sources


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