Mild, an AI-native finance platform out of Copenhagen that processes 280 million data in below a second, as we speak introduced €25 million in Collection A funding to develop to the US, triple its engineering staff, and additional construct out the deployment division.
The spherical was led by Balderton Capital. Atomico, Cherry, Seedcamp, and Entrée additionally participated within the spherical alongside notable angels, together with Thomas Wolf (Co-founder and Chief Science Officer, Hugging Face), Charles Songhurst (Board Member, Meta), and a number of other customers-turned-investors. The funding brings whole raised to €36 million.
“We’re not patching outdated methods with chatbots,” stated Jonathan Sanders, Founder and CEO of Mild. “We constructed finance software program from scratch for a way corporations really function as we speak. Corporations shouldn’t should spend $50,000 and 5 months simply to develop into a brand new nation. With Mild, it occurs immediately.
“ERP was constructed for factories. Mild is constructed for the fastest-growing corporations of the twenty first century.“
Based in 2022 by serial entrepreneur Jonathan Sanders, Mild says they clear up a vital drawback: offering finance instruments capable of maintain tempo with hypergrowth corporations which can be scaling a lot sooner than conventional SaaS companies. Whereas opponents add AI options to decades-old structure, Mild explains they constructed their total platform with AI on the core to be natural software program that evolves and improves over time – from database design to consumer expertise.
In accordance with the corporate, the place legacy methods fail at processing 1 million data, Mild handles 280 million in below a second. Stability sheets generate immediately. Multi-entity accounting, international funds, and expense administration occur robotically throughout jurisdictions. The platform’s AI reportedly matches human accuracy whereas catching errors that professionals typically miss.
Within the broader 2025 funding panorama, Mild’s €25 million Collection A sits in the direction of the higher center of the pack amongst AI-enabled finance/FinTech rounds.
Some friends are elevating in double-digit tens of millions (€25 million for Finary, €115 million for Fnality), whereas others stay in Seed or sub-€10 million ranges (e.g. €825k for Eagl, €5.8 million for NaroIQ, €2.5 million for Allasso).
Many of those corporations deal with fixing discrete monetary workflows (wealth instruments, funds, fund infrastructure, month-end shut), whereas Mild seems to place itself as a full common ledger/ERP substitute constructed round AI.
“We’ve seen numerous finance platforms through the years, however nearly all of them tweak on the edges,” stated Rob Moffat, Companion at Balderton Capital. “Mild is the primary to throw out the outdated playbook. By rebuilding the final ledger from scratch as an alternative of bolting onto legacy methods, they’ve unlocked the complete energy of AI. The outcome isn’t simply sooner, it’s a step-change. That is the monetary platform hypergrowth corporations have been ready for.”
The funding comes as the corporate reviews 30x development over the previous 12 months, with prospects decreasing finance operations time by 84% after switching from legacy ERPs.
Mild’s engineering staff is drawn from Spotify, Google, Klarna, AWS, Reserving.com, and Shopify. Lovable, Sana, and Legora are among the many corporations which have changed their fragmented finance instruments with Mild’s unified platform.
The platform already companions with established monetary infrastructure together with JP Morgan, Adyen, and BDO, guaranteeing enterprise-grade reliability whereas delivering startup-speed innovation.
The Collection A funding will speed up Mild’s geographic growth by organising a brand new workplace in New York. The corporate plans to triple its engineering staff by Q2 2026, launch a course of optimisation workbench and additional construct out the deployment division.
EU-Startups has beforehand lined Mild on a number of events. In June 2024, we reported on the corporate’s €12.1 million spherical to scale its AI-driven common ledger platform for international finance groups. Extra not too long ago, Mild was featured in a January 2025 article highlighting 10 promising Danish startups to look at in 2025 and past, the place it was famous for its AI-powered strategy to accounting and reporting.
