Plino raises €650K to replace SME spreadsheets with AI financial planning

Plino secures €650K to automate SME financial planning with AI

Turin-based Plino has raised €650,000 to bring AI-driven financial planning to small and mid-sized businesses. The platform consolidates accounting, cost, revenue, and cash-flow data so finance teams can shift from spreadsheet wrangling to real-time decision-making.

Backers include Exor Ventures, Berkeley SkyDeck Europe (with Cariplo Factory and Lendlease), and a syndicate led by Techaround.vc with Zooga.vc and several business angels, including CFOs and accountants. The company is incubated at I3P, the Innovative Companies Incubator of Politecnico di Torino.

Why it matters for finance leaders

• Data lives across accountants, software, and banks-slowing planning cycles and obscuring risk.
• Manual reporting chains create delays that push managers to operate on instinct instead of evidence.
• A single source of truth for sales, costs, revenue, and cash flow can compress month-end timelines and improve forecast quality.

What Plino does

Plino provides a unified view of financial performance for SMEs, with real-time tracking and automated reporting. The goal is clear: faster, more accurate decisions without adding headcount.

• Real-time dashboards for sales, costs, revenue, and cash flow
• Liquidity forecasting and cash runway visibility
• Automatic, easy-to-read management reports generated in natural language
• Profitability analysis at product or project level (in development)

Today, Plino supports 100+ SMEs across manufacturing, services, food, hospitality, and construction. The founders-Pietro Galimberti, Viola Bonesu, and Enrico Castelli-combine backgrounds in philosophy, engineering, finance, and AI, reflecting their belief that meaningful innovation happens at intersections.

Who invested (and why that matters)

• Exor Ventures
• Berkeley SkyDeck Europe (accelerator program)
• Techaround.vc, Zooga.vc, and several business angels, including CFOs and accountants

Institutional plus practitioner backing signals a push to bring AI into everyday accounting work-through professional firms and trade associations-not just software stacks.

What's next for Plino

• Expanded AI features: cash-flow forecasting, natural-language report generation, and deeper profitability analysis
• Hiring across product, technology, and sales
• Partnerships with professional firms to embed AI-driven workflows into accounting services

How finance teams can use this

• Map data sources (ERP, bank feeds, invoicing, payroll). Aim to consolidate into one platform to shorten close cycles.
• Prioritize cash visibility: daily cash positions, 13-week cash forecasts, and scenario stress tests.
• Automate recurring management reports to free time for variance analysis and pricing decisions.
• Push product/project-level profitability into monthly reviews to improve pricing and resource allocation.

Adoption checklist

• Define the "source of truth" for each metric (ARR, COGS, DSO, WCR, runway).
• Set thresholds and alerts for liquidity and margin variance.
• Pilot with one business unit or location; expand once reconciliation time drops.
• Loop in your accountant early to align on classifications and close procedures.

For context on the ecosystem supporting Plino's growth, see the I3P incubator and Berkeley SkyDeck Europe.

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