Finnecto raises $1.7m pre-seed round to expand expense software
Amador and Salkantay Ventures co-led the Chilean company’s financing.
Finnecto has raised $1.7m in a pre-seed round co-led by Amador and Salkantay Ventures. Kfund, BuenTrip Ventures, Hustle Fund, ADN.vc, Punto Cero Ventures and The Pitch Fund also participated.
The Chilean company builds AI software for purchasing, expense controls and supplier payments. Its platform integrates with enterprise systems and local accounting and tax services.
The capital will fund commercial expansion across Latin America, AI product development and hiring in technology, sales and customer experience. Finnecto operates in Chile, Colombia, Peru and Mexico.
Use of funds
Expand enterprise expense-management software in Latin America
Develop AI tools and hire commercial and technical staff