# WithLess

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/withless

- Industry: Software
- Headquarters: Bergamo, Italy
- Website: www.withless.com/
- Total disclosed funding: $3.4M
- Latest round: Seed (Oct 2, 2024)
- Investors on record: 8

## About

Established in 2022 and based in Bergamo, Italy, H1 Finance S.r.l., dba WithLess, is a financial services company that provides software usage tracking and payment control solutions for CFOs. In October 2024, WithLess raised EUR 3 million in seed funding led by Primo Ventures, including Yabeo Capital, APSIDE S.P.A., Zest, Intesa Sanpaolo, Compagnia di San Paolo, Magic Mind, and B Heroes. Gianluca Treu (CEO) and Thomas Alisi (CTO) are the co-founders of the company.

The company’s core product is a SaaS Spend Management Platform designed to help finance teams discover their software usage, control spending, and save costs. The firm’s platform’s key features include real-time spending analytics, an application directory for tracking software usage, and AI-driven tools for automating invoice and purchase order matching. The platform also allows for the delegation of payments using customizable virtual cards, ensuring that finance teams maintain oversight while reducing administrative burden.

The organization plans to use the October 2024 funding to launch its product in Italy, Spain, Germany, and France, and to expand its team.

## Funding rounds

- Seed, Oct 2, 2024, $3.4M — Intesa Sanpaolo, Compagnia di San Paolo, Yabeo Capital, Primo Capital, B Heroes, Zest, APSIDE S.P.A., Magic Mind

## Investors

- Intesa Sanpaolo — Seed
- Compagnia di San Paolo — Seed
- Yabeo Capital (https://capitalatlas.ai/funds/yabeo-capital) — Seed
- Primo Capital (https://capitalatlas.ai/funds/primo-capital) — Seed
- B Heroes (https://capitalatlas.ai/funds/b-heroes) — Seed
- Zest — Seed
- APSIDE S.P.A. — Seed
- Magic Mind — Seed