Creem, an Estonia-based fintech startup building financial infrastructure for AI-focused startups, has raised €1.8 million in pre-seed funding.
Investors
The round was led by Practica Capital, with participation from Antler and angel investors including Johan Pietilä (Voi), Martin Olofsson (ex-Mastercard), and individuals associated with Revolut and Crypto.com.
Practica Capital is a venture capital firm based in Vilnius, Lithuania, specializing in early-stage investments across the Baltic region. The firm invests in technology-driven companies, with a strong focus on B2B SaaS, marketplaces, and deep and industrial tech. Currently, Practica Capital manages four funds with more than €130 million in assets under management (AUM).
Creem Use of Funds
The company will use the funds to expand payment coverage into additional markets, strengthen compliance and tax systems, and develop developer-focused programmable finance tools.
About Creem
Founded in 2024 by Gabriel Ferraz and Alec Erasmus, Creem is a financial infrastructure platform designed for AI startups and global teams. The company provides software that enables startups to manage payments, compliance, tax obligations, and multi-party revenue distribution, including payouts in both traditional currencies and stablecoins. Creem recently introduced the revenue splits feature, which allows startups to automate payments to contributors and partners. Headquartered in Estonia, Creem’s early customer base consists of small, distributed AI-focused teams, particularly in markets where access to international financial services is limited.
Funding Details
Company: Armitage Labs OÜ
Raised: €1.8M
Round: Pre-seed
Funding Date: 2025
Lead Investor: Practica Capital
Additional Investors: Antler, Johan Pietilä, Martin Olofsson
Company Website: https://www.creem.io/
Software Category: Fintech / Financial Infrastructure for Startups
Source: https://bebeez.eu/2025/08/25/creem-raises-e1-8-million-pre-seed/