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Zurich-based AI startup infinity.swiss has been growing at an exceptional pace. Now comes its first major funding round: $3 million to take on manual accounting.
Reinventing accounting by 2030
NextBusiness AG, the company behind Infinity, was founded in 2023 by a group of students and has grown year over year. Now they see the right moment to accelerate development and growth.
Infinity is leveraging AI to transform the accounting industry. The goal: autonomous accounting.
"By 2030, accounting for businesses should essentially run on its own."
This gives fiduciaries the freedom to focus on proactive advisory work, while SMEs gain time for their clients and real-time financial transparency.
EquityPitcher leads the $3M round
As the lead investor we are enthusiastic about this opportunity. Joining us are Tenity, the globally active fintech investor headquartered in Zurich, and Backbone Ventures, an internationally experienced investor. The round is completed by a number of prominent business angels, including early Facebook investor Daniel Gutenberg and Swiss TV investor Lukas Speiser (Die Höhle der Löwen).
"Infinity is one of the most ambitious software startups in the country, with an extremely customer-driven product approach – step by step becoming a true game changer for every SME."
International investor interest – a bet on Switzerland
Three million dollars raised, multiple interested VCs turned away: the Infinity round is one of the most sought-after Swiss early-stage financings of the year. Software startups have had a tough time securing significant funding in Switzerland lately. For Infinity, it was the opposite.
Financing exclusively through Swiss investors is a deliberate alternative to the typical leap to San Francisco. The Zurich engineering team will now be significantly expanded to continue leading as a technical pioneer.
"Everything it takes to build a tech unicorn exists right here in Zurich. Switzerland has a real opportunity today to make its mark in AI with local companies – if we have the courage. Infinity is ready."
