Fintech Moss Reaches a Valuation of Billions of Euros in Series C Funding Round

Berlin — YPOG advi­sed the Berlin-based fintech company Moss on its Series C funding round. Upon comple­tion of the tran­sac­tion, Moss will be valued at 1 billion EUR, ther­eby achie­ving unicorn status. To date, the company has raised a total of more than 200 million EUR in funding. The Series C funding round was led by fintech specia­list Portage and included parti­ci­pa­tion from exis­ting inves­tor Cherry Ventures. 

Foun­ded in 2019, the company is deve­lo­ping an AI-powered finan­cial plat­form for Euro­pean small and medium-sized busi­nesses that offers compa­nies grea­ter trans­pa­rency and control over their finan­cial proces­ses. Among other things, the plat­form auto­ma­tes the issu­ance of corpo­rate credit cards, invoice manage­ment, and expense report­ing, and is curr­ently used by more than 5,000 compa­nies in Europe. 

Moss plans to use the funds from its Series C finan­cing round to further expand its “Finance AI” tech­no­logy plat­form. The goal is to support finance teams with key tasks such as expense and receiv­a­bles manage­ment, book­kee­ping, and monthly finan­cial state­ments. Users retain control over the AI appli­ca­ti­ons used at all times. 

“With this Series C funding round, Moss has reached an important mile­stone in its corpo­rate deve­lo­p­ment. Its unicorn status unders­cores the confi­dence inter­na­tio­nal inves­tors have in the company’s busi­ness model and tech­no­lo­gi­cal deve­lo­p­ment. It has been a great plea­sure to support Moss on this jour­ney since 2021,” comm­ents Dr. Johan­nes Janning, part­ner at YPOG. 

MOSS Consul­tant: YPOG

Dr. Johan­nes Janning (Lead, Tran­sac­tions), Part­ner, Cologne
Janic Salce­das (Tran­sac­tions), Asso­ciate, Cologne
Paul Haren­berg (Tran­sac­tions), Asso­ciate, Cologne
Laura Franke (Tran­sac­tions), Senior Project Lawyer, Cologne
Matthias Kres­ser (Tran­sac­tions), Part­ner, Berlin

The in-house team was led by Alex­an­der Hoff­mann (Mana­ging Direc­tor & Gene­ral Coun­sel).