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Groundley, a Copenhagen fintech, has raised €970K in seed funding led by angel investors to enhance its AI platform for enterprise spending and emissions tracking.

Jun 03, 20254 months ago

Amount Raised

€970,000

Round Type

seed

CopenhagenFintechSaasArtificial IntelligenceInformation TechnologySoftware

Investors

Christian DideriksenDanish Export And Investment Fund

Description

Groundley has secured €970K in seed funding to develop its AI-powered software for large enterprises. The investment includes a loan from the Danish Export and Investment Fund and contributions from angel investors. This funding will aid in scaling operations, improving AI functionality, and expanding into Europe. Groundley's platform addresses emissions tracking and financial management for complex business structures.

Company Information

Company

Groundley

Location

Copenhagen, Capital Region Of Denmark, Denmark

About

Groundley is redefining enterprise spend management with a fully automated platform that leverages invoice line-level data to reveal exactly what was purchased, in what quantity, at what price, and with what carbon footprint. Despite massive investments in ERP systems, most enterprises still lack this level of visibility. Groundley empowers procurement, sustainability, and finance teams with real-time, actionable insights to unlock over 10% in cost savings, eliminate manual reporting, and reduce emissions across products and the value chain—bringing clarity and control to every purchase.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech