Tallinn-based Creem, which builds financial infrastructure for AI-native startups, has raised €1.8 million in a pre-seed round led by Practica Capital, with participation from Antler.
- Launched in 2024 by Gabriel Ferraz and Alec Erasmus, Creem develops financial infrastructure for AI-native companies. The platform provides a suite of programmable finance tools, including global payments, tax compliance, revenue automation, and multi-party payouts across both fiat and stablecoin rails.
- Creem’s system integrates directly into a company’s workflows, allowing small, distributed teams to manage financial operations without traditional finance departments.
- Its flagship feature, Revenue Splits, automates complex revenue sharing based on contributors, products, or sales channels, reducing manual reconciliation and enabling smoother collaboration with contractors and technical contributors.
- The platform also supports global compliance and embedded financial workflows, making it possible for teams to operate internationally from day one.
Details of the deal
- Creem's €1.8 million pre-seed funding round was led by Practica Capital, a venture capital firm focused on early-stage investments in the Baltics and Central and Eastern Europe.
“We believe Creem is not just solving a pain point, but laying the rails for an entire generation of entrepreneurs. Software can now be built by anyone, anywhere - but without compliant, scalable financial infrastructure, that growth stalls. Creem gives it back to founders," claims Arvydas Bloze, Partner at Practica Capital.
- Other participants included Antler, a global early-stage venture capital firm and startup generator, as well as several notable angel investors, including Johan Pietilä and Martin Olofsson, and advisors from Revolut and Crypto.com.
- The startup will utilize the €1.8 million funding to expand its platform by enhancing global payment capabilities, strengthening compliance systems, and developing programmable APIs for automating revenue sharing, tax handling, and multi-party payouts.
- The investment will also help the company scale its services to support lean, distributed AI-native teams and further develop key features, such as Revenue Splits, to streamline complex financial workflows.
