ASBIS invests in tech start-up deploying AI-driven financial automation

This is one of the world’s first solutions leveraging cutting-edge technologies, including Artificial Intelligence (AI), to fully automate financial processes in businesses. This strategic support will allow RobotiFAI to continue developing AI-driven solutions with the potential to revolutionize financial process automation in the global market.

The two-year investment agreement specifies that ASBIS will invest up to EUR 2 million in RobotiFAI. The funding will be provided in stages, depending on the achievement of key project milestones.

The investment will be made under a Simple Agreement for Future Equity (SAFE), which ensures ASBIS will receive equity in the company as RobotiFAI grows. The total stake will depend on the future valuation of the company, but will not exceed 20% of its share capital.

The mission of RobotiFAI, a start-up founded in May 2024, is to streamline and simplify financial functions such as billing, data analysis, and reporting, allowing clients to operate faster, more efficiently, and with fewer errors. Powered by AI technology, the RobotiFAI model enables faster document processing, error minimization, and customization of financial processes.

Founded by a team of financial specialists, artificial intelligence experts, and a CEO with 25 years of international experience in financial function transformation, RobotiFAI was created in response to a recurring global challenge: financial teams are trapped in manual, error-prone processes and outdated systems that hinder effective decision-making.

By combining in-depth financial knowledge with cutting-edge artificial intelligence and automation, RobotiFAI offers an integrated solution covering the entire financial value chain – accounts payable, accounts receivable, month-end closing, and financial reporting. The solution is cloud-native, autonomous, and designed to reduce inefficiencies, eliminate errors, and free up talent from tedious tasks. The company's first module, Purchase to Pay (PtP), already handles all work – precisely, quickly, and around the clock.

In addition to investing, ASBIS is also an active pilot customer of RobotiFAI. The company has already deployed the first module of RobotiFAI’s Solution within its finance operations — resulting in the saving of hundreds of manual work hours and enhanced process reliability. This hands-on validation was instrumental in ASBIS’s decision to support RobotiFAI’s long-term growth.

Serhei Kostevitch, CEO of ASBIS Group, commented: “RobotiFAI represents the future of financial management, something we’ve experienced firsthand. This is not just another promising concept — it’s a proven solution. As a pilot customer, we have already seen significant time savings and improvements in accuracy within our financial processes. That’s why the investment was a natural next step for us. ASBIS has innovation in its DNA, as we’ve repeatedly demonstrated. This investment perfectly aligns with our vision for innovation and the continued growth of ASBIS. In addition to the investment, we will also support the company’s development by expanding RobotiFAI’s operations into our regional markets.”

Yuriy Gushchenskov, Founder and CEO of RobotiFAI,commented: “We are excited and proud to have ASBIS as both an investor and early adopter – a strong validation of our solution. Their reach, technical expertise, and deep understanding of enterprise clients will help us scale faster and deliver on our promise to revolutionize finance with AI.”