Expansión · Dec 2023
Company-news item highlighting Snab's 2023 fintech startup award recognition.
A global finance automation platform for complex multi-entity…
Company research
Public company, workplace, funding, and market signals
Overview
Snab is a Y Combinator W22, AI-powered finance and operations automation platform for complex, multi-entity organizations, focused on AP automation, AR/e-invoicing, treasury management, and an AI financial analyst. Public evidence suggests a small team, enterprise-oriented positioning, and a Spain-based operating presence alongside a Delaware headquarters; no public careers page, GitHub, or X profile surfaced.
Primary product
Modular finance and operations automation software for accounts payable, accounts receivable/e-invoicing, treasury management, and AI financial analysis.
Founded
2021
Headquarters
Delaware, United States
Team size
1-10
Industry
Software Development
Sub-industry
Financial technology / finance automation
Offices
Madrid, Spain
Business model
B2B SaaS
Enterprise software
Funding
Stage
seed
Total raised
$1.8M
Latest round
Pre-Seed · Feb 2023
Latest amount
$1.2M
People & investors
Work & culture
Mission-driven and finance-team-centric, with an emphasis on removing repetitive manual work, modular product design, customer-tailored workflows, and people’s growth and innovation.
Compensation
No public employee compensation bands or equity data found.
Benefits
Personalized onboarding
Data migration support
Training for finance teams
Dedicated support in English and Spanish
Nearly 24/7 support
Product & market
Pricing
Custom case-by-case enterprise pricing; modular pay-for-what-you-need structure.
Differentiators
- —Modular AP/AR/treasury/AI platform
- —One-click B2B payments
- —Multi-entity and multi-currency control
- —10,000+ bank connectivity
- —OCR invoice extraction in ~2 seconds
- —Compliance across jurisdictions
- —Enterprise-grade security
- —No manual data entry
Technology
AI/ML
OCR
ERP integrations
Bank connectivity
Multi-entity workflows
Multi-currency support
TLS 1.3
Encryption at rest
Role-based access control
Multi-factor authentication
Customers
complex multinational organizations
enterprise-grade companies
financial institutions
asset management firms
private equity firms
real estate companies
energy & infrastructure businesses
SMEs
Competitors
Tipalti
AvidXchange
Billtrust
HighRadius
Glean AI
Nomentia
Konfío
Scale & contact
Estimated revenue
USD 1M-$10M
Estimated monthly visits
247
Traffic estimate as of Jan 2025
Latest news
Snab · Feb 2023
Official announcement of Snab's first funding round; cites Y Combinator, 4Founders Capital, Glenfarne Group LLC, and angel backers from Kantox and Belvo.
Finextra · Feb 2023
Reports Snab's €1.1 million pre-seed round and describes its invoice scanning, approval workflows, and real-time banking monitoring.
Tech.eu · Feb 2023
Covers the round and positions Snab as a centralized B2B payments and cash management platform for Spanish SMEs.
EU-Startups · Feb 2023
Summarizes the funding round and notes the company's banking/payment-cycle automation focus.
Jobs and careers at SNAB
0 jobs at SNAB
No open positions
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