Forecasterly, a Stockholm-based startup building an AI-powered financial planning platform for modern organisations, has closed a SEK 6 million (€560,000) angel round led by DHS Venture Partners.
The raise is a modest but meaningful early step for a company tackling a problem that sits at the heart of how finance teams operate. Traditional financial planning and analysis — budgeting, forecasting, scenario modelling — remains one of the most manual and time-consuming functions in most organisations, typically relying on sprawling spreadsheets, disconnected data sources, and quarterly cycles that are already out of date by the time they are presented to leadership.
Forecasterly’s pitch is that AI can fundamentally change that dynamic: making financial planning faster, more continuous, and accessible to organisations that lack the in-house resources to staff large FP&A teams. The target market is broad — any organisation that needs to plan, forecast, and model financial outcomes, but finds current tools either too rigid, too expensive, or too slow.
The angel round, led by DHS Venture Partners, will give the team the runway to develop its product and begin building its early customer base — a critical phase for any B2B SaaS startup before institutional capital comes into play.
Forecasterly joins a growing cluster of Nordic fintech and AI companies targeting the CFO stack, as finance teams across Europe increasingly look to automate the analytical work that has historically consumed their bandwidth at the expense of strategic decision-making.
Fast facts:
- Amount raised: SEK 6M (€560K / $660K)
- Round type: Angel
- Lead investor: DHS Venture Partners
- HQ: Stockholm, Sweden
- Focus: AI-powered financial planning and FP&A
