Moss reaches $1B valuation after €30M funding round

Berlin-based fintech Moss has reached a $1 billion valuation following a €30 million Series C funding round. The investment was led by Portage and Cherry Ventures, bringing the company’s total funding to over €200 million.

Moss is expanding its spend management platform to include a full suite of services, such as invoice management, real-time budgeting, and AI-driven automation. CEO Ante Spittler stated that the capital will allow the company to develop its ‘Finance AI’ product suite, enabling customers to configure AI agents for various financial tasks while maintaining human oversight.

In other startup developments, the Swiss company Studyond has secured 2 million Swiss francs. Studyond operates a platform designed to connect companies, universities, and students for research projects, internships, and recruitment.