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Creem secures €5M to build financial infrastructure for AI-native startups

Creem, a billing and monetisationplatform for AI-native companies, has raised €5 million in seed funding todevelop its platform and expand its financial and revenue tools for softwarebusinesses. The r...

Creem secures €5M to build financial infrastructure for AI-native startups

Creem, a billing and monetisation platform catering to AI-native startups, has secured €5 million in seed funding to enhance its platform and expand its financial and revenue tools. The investment was led by Inovo VC and included participation from existing investors Practica Capital and Antler, as well as angel investors such as Bolt founder Markus Villig and Ready Player Me founders Timmu Tõke and Kaspar Tiri.

Creem, founded by Google and Adyen alumni Gabriel Ferraz and Alec Erasmus, aims to provide financial infrastructure for small, globally distributed software companies. The new funding will be used to scale Creem 2.0, which extends the platform beyond traditional merchant-of-record services to include global sales, tax and compliance, affiliate management, revenue splits, and conversion analytics.

The company believes its AI agent can configure a store's billing and optimise revenue operations, allowing founders to grow their business without expanding their team.

Brief written by urgent.news from Tech.eu's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

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