Berlin-based Moss hits unicorn status after closing €30 million Series C to expand its Finance AI suite
Moss, a Berlin-based FinTech startup offering a digital spend management platform for European SMEs, has closed its €30 million Series C funding round at a valuation north of €1 billion. With this round, led by Portage and existing investors Cherry Ventures, Moss has achieved unicorn status. “This round reflects the trust of customers and partners […] The post Berlin-based Moss hits unicorn…
Berlin-based FinTech startup Moss has achieved unicorn status after securing €30 million in Series C funding, bringing its valuation to over €1 billion. The round, led by Portage and including existing investors Cherry Ventures, highlights customer and partner confidence in Moss's Finance AI product suite. Co-founder and CEO Ante Spittler announced the funding, stating that it will enable the company to expand beyond spend management and further develop its AI capabilities.
Moss, founded in 2019, aims to build the future of finance with AI, integrating with popular ERP and HRIS systems. The platform is regulated under PSD2, ISO/IEC 27001:2022 certified, and compliant with DORA. With 5000+ businesses across Germany, the UK, the Netherlands, and Austria, Moss has generated more than €70 million in ARR.
Their AI agents process over 2 million transactions monthly, automating manual tasks and freeing up time for impactful work. This funding marks the company's fourth round, following a €75 million Series B led by Tiger Global Management in 2019.
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