Creem Raises €1.8M for AI Startup Financial Infrastructure

Tallinn-based FinTech innovator Creem has successfully closed a €1.8 million pre-seed funding round, signaling strong investor confidence in its mission to build specialized financial infrastructure for AI-native businesses. The round was spearheaded by Practica Capital, with significant participation from Antler and a cohort of influential angel investors, including notable figures like Johan Pietilä and Martin Olofsson, alongside advisors from prominent entities such as Revolut and Crypto.com.

This infusion of capital is earmarked for the expansion of Creem's programmable finance platform, with a strategic focus on bolstering its global compliance and payment processing capabilities. Founded less than a year ago by former Google and Adyen executives Gabriel Ferraz and Alec Erasmus, Creem has already demonstrated remarkable commercial traction, achieving an annualized revenue of over €930,000 with a lean, two-person founding team and no dedicated sales force. This achievement underscores the urgent market need for its tailored financial solutions.

Creem positions itself as the essential financial operating system for AI-first companies, particularly those with lean, globally distributed teams that require sophisticated, scalable financial tools without the encumbrance of traditional corporate structures. The platform is gaining momentum, especially among startups in emerging markets, by offering programmable functionalities for international payments, tax management, automated revenue collection, and multi-party disbursements across both fiat and stablecoin networks. Its core innovation lies in a programmable finance engine that integrates seamlessly into a startup's operational workflow, providing a developer-centric alternative to fragmented legacy financial systems.

“The explosion of AI is democratizing entrepreneurship, but the supporting financial infrastructure has lagged significantly,” stated Gabriel Ferraz, co-founder and CEO of Creem. “We are catering to agile, fluid teams composed of builders and contributors worldwide, not large corporations with established finance departments. Our objective is to construct the essential financial rails that empower these organizations to operate with speed, scale, and transparency.”

A key feature, the Revenue Splits module, now out of beta, allows startups to automate intricate revenue-sharing agreements based on contributor roles, product lines, or sales channels. This capability addresses a critical bottleneck for businesses collaborating with distributed talent or multiple content creators, significantly reducing manual reconciliation efforts and fostering better collaboration with external partners and technical contributors. This development aligns with Creem's long-term vision of serving a new generation of "programmable organizations" where contributors, contractors, and operational tools are intrinsically linked to the company's codebase from inception, incorporating agent-powered workflows and automated compliance mechanisms.

Arvydas Bložė, Partner at Practica Capital, commented on the investment, noting, “Creem is architecting the orchestration layer for a novel class of companies. These entities will leverage agentic workflows for extensive process automation, replacing traditional hierarchies with agile, globally dispersed teams. We perceive this as a fundamental transformation in company formation and operation, characterized by a small core of builders managing vast networks of contributors and systems. Creem's infrastructure is precisely what this new wave of programmable organizations requires to achieve scale from day one.”

The company's strategic roadmap includes expanding its payment reach into additional global markets, enhancing its compliance suite, and developing robust programmable APIs for revenue automation, KYC processes, tax handling, and embedded financial workflows. This will equip lean, AI-native teams with the necessary tools to operate effectively on a global scale from their inception.