FiBAN Angel Funded: Tangently Raises 275 000 € Round

Tangently, a Finnish fintech startup building an AI-powered financial controller platform, has successfully closed a 275 000 € angel investment round with six angel investors. The round brings together a strong syndicate backed by Kanssasijoitusrahasto via Innovestor, which also matched the round through its co-investment program.

The FiBAN pitch event in February was a turning point for Tangently’s fundraising journey. “Pitching at FiBAN’s event was genuinely important for us — we met several of our angels there, and those conversations directly led to investments closing,” says Pekka Kinnunen, CEO and co-founder of Tangently. Crucially, the event was also where the team first connected with Innovestor, whose Kanssasijoitusrahasto went on to join the round through its co-investment matching program.

From the outset, Tangently structured the round using FiBAN’s investment agreement templates, which proved invaluable. “The templates saved us a significant amount of time and increased trust across all parties — everyone could see we were working within a framework they recognised,” Kinnunen notes. Innovestor’s involvement also brought a formal legal due diligence process, which, while adding a step to the timeline, further strengthened confidence on all sides. From the February pitch to money in the bank, the round closed in a relatively short time — even with the DD in the middle — a testament to how well-prepared both the team and the documentation were from day one.

Tangently is an AI-powered financial controller platform that connects a company’s accounting system, CRM, and payment tools to automatically build a live three-statement financial model — income statement, balance sheet, and cash flow — in real time. For SMEs and startups, this means replacing slow manual reporting cycles with always-current financial visibility and an AI assistant that can answer questions directly from real company data. Beyond financials, Tangently also surfaces sales pipeline insights — such as how conversion rates shift across pipeline stages, making it easy to see how the ICP pipeline performs compared to the rest. Tangently acts as a virtual business controller, giving growing companies a complete operational picture and helping them make faster, better-informed decisions without needing a full-time CFO.