About
Embat is an AI-powered corporate treasury platform. Madrid-based, founded 2021 by ex-JP Morgan Antonio Berga and Carlos Serrano. Raised $23M total (€14.7M Series A Feb 2024 led by Creandum). 150+ enterprise clients including Playtomic, Cabify, Wallapop, Fever. Acquired Necto (2025). Uses Google Vertex AI. Saves 75% treasury time.
Key Facts
- [1]Funding: Total funding: $57M. Last round: May 2025. Stage: Growth.
- [2]Employees: Employee count: 11-50.
- [3]Website: Official website: embat.io.
- [4]AI Technology: Core AI/ML technologies: Predictive ML.
- [5]Region: Region: EMEA (ES).
Founder
Carlos Serrano
Co-founder & CEO
AI Technology
Predictive ML
Traditional ML algorithms for classification, regression, and scoring models
Classification
Market Segments
Tech Stack Layers
Details
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Frequently Asked Questions
What is Embat?
Embat is an AI-powered corporate treasury platform. Madrid-based, founded 2021 by ex-JP Morgan Antonio Berga and Carlos Serrano. Raised $23M total (€14.7M Series A Feb 2024 led by Creandum). 150+ enterprise clients including Playtomic, Cabify, Wallapop, Fever. Acquired Necto (2025). Uses Google Vertex AI. Saves 75% treasury time. Embat is classified in the Enterprise Finance segment at the Applications layer of the financial AI stack.
Who founded Embat?
Embat was founded by Carlos Serrano (Co-founder & CEO).
How much funding has Embat raised?
Embat has raised $57M in total funding, placing the company at the Growth stage. The most recent round closed in May 2025. Among 79 funded Enterprise Finance companies, Embat ranks #48 by total capital raised. (Source: AIFI Map directory.)
What AI technology does Embat use?
Embat primarily leverages Predictive ML technology. Traditional ML algorithms for classification, regression, and scoring models. Within the Enterprise Finance segment, 58 companies use this technology.
What market segment does Embat operate in?
Embat operates in the Enterprise Finance market segment. AI enterprise finance companies are automating and enhancing the financial operations of businesses — from accounting and treasury management to financial planning, analysis, and corporate finance.
Where is Embat headquartered?
Embat is headquartered in Madrid, ES. The company operates in the EMEA region. The team consists of 11-50 employees. ES is home to 3 financial AI companies tracked by AIFI Map.
Who are Embat's competitors?
Companies similar to Embat in the Enterprise Finance space include Unit21 ($92M raised), Kaaj ($4M raised), Lendbuzz ($310M raised), Ramp ($2.3B raised), Brex ($1.5B raised). These companies operate in related areas of financial AI: Unit21 focuses on ai-powered fraud and aml platform. Kaaj focuses on agentic ai for small-business lending automation. Lendbuzz focuses on ai auto financing for underserved populations. (Based on AIFI Map classification data.)
What products does Embat offer?
Embat builds applications-layer solutions for the financial services industry. The company's core offering: AI corporate treasury platform. The platform is powered by Predictive ML technology.