profitize Raises €1.4M Seed

profitize, a South Tyrolean startup headquartered in Bolzano, Italy, offers an AI-powered financial planning and analysis platform for the hospitality industry. The company has closed a €1.4 million Seed funding round to expand its technology and enter new European markets.

Investors

The round was led by Alpine Fund (Redstone & Euregio⁺) and the Austrian aws Gründungsfonds. Additional participation came from industry business angels.

profitize Use of Funds

The company plans to use the funding for the technological development of its platform, including anonymised industry benchmarking and expanded productivity analytics. It will also be used for continued expansion into Italy, Austria, and new European markets, and for the growth of its technology and customer success teams.

About profitize

Founded in 2024 by Simon Falkensteiner and Michael Gorfer, profitize provides a platform that integrates financial data from various sources such as PMS, POS, accounting, HR, banking, and energy providers into a single interface. The platform offers real-time analytics, forecasts, automated reports, and AI-based recommendations to help hotels, hotel groups, and food and beverage businesses manage their financial performance with precision, consolidating fragmented data to provide actionable insights.

Funding Details

Company: profitize
Raised: €1.4M
Round: Seed
Funding Date: May 5, 2026
Lead Investor: Alpine Fund (Redstone & Euregio⁺), aws Gründungsfonds
Additional Investors: industry business angels
Software Category: HospitalityTech
Company Website: https://profitize.io
Source: https://www.eu-startups.com/2026/05/south-tyrols-profitize-raises-e1-4-million-to-scale-ai-powered-financial-planning-for-the-hospitality-sector/