profitize secures €1.4m seed to expand AI financial planning

By Aarav Garg

profitize has secured €1.4 million in seed funding to expand its AI-powered financial planning and analysis platform for the hospitality sector and support growth across European markets.

The funding round was led by Alpine Fund and Austria’s aws Gründungsfonds, with participation from industry-focused angel investors. The investment comes as hospitality businesses face rising operating costs and increasing pressure to improve financial visibility and operational efficiency through digital tools.

Founded in 2024 in Bolzano, Italy, profitize provides a platform that consolidates financial and operational data from property management systems, point-of-sale systems, accounting software, HR platforms, banking services and energy providers into a unified interface. The platform offers real-time analytics, forecasting, budgeting, cashflow analysis and AI-driven recommendations aimed at helping hotels and food and beverage businesses manage profitability more effectively.

The company said fragmented financial data remains a major challenge for hospitality operators, with information often spread across multiple systems and only available weeks later through manual reporting processes. Its platform is designed to automate data aggregation and provide businesses with faster visibility into financial performance and operational trends.

Since launch, profitize said its platform has been adopted by around 150 hospitality businesses across several European countries, including independent hotels and multi-property groups. Use cases include labour productivity analysis, forecasting and financial planning.

The funding will be used to further develop the platform’s AI capabilities, including anonymised benchmarking tools and expanded productivity analytics. The company also plans to scale operations across Italy, Austria and additional European markets, while growing its technology and customer support teams.

The raise reflects continued investor interest in vertical fintech platforms that combine AI and data infrastructure to address operational and financial management challenges in specific industries.