Strategic investment supports Yarken’s AI-native platform as it expands across Europe and beyond, addressing a universal enterprise pain point in an era of rapid AI transformation.
SINGAPORE— Tenity, the global fintech ecosystem and venture firm, announces its participation in a strategic seed investment in Yarken, the AI-native IT Financial Management (ITFM) platform purpose-built for global enterprises. The round was led by Betatron Venture Group, with participation from Tenity and additional strategic investors.
Yarken’s platform enables large organizations to automate cost allocation, forecasting, and governance workflows — replacing fragile spreadsheets and manual processes with intelligent, policy-driven execution. The company is already serving Fortune 2000 clients across North America, Europe, and Asia-Pacific, and has been recognized as an Established Vendor in Gartner’s 2025 IT Financial Management Market Guide.
Why Tenity invested
Tenity’s investment thesis centers on Yarken’s ability to address a universal enterprise pain point — one that spans the US, Europe, and APAC — at precisely the moment when AI is reshaping how enterprises manage technology spend. As organizations accelerate AI adoption, the complexity and cost of technology portfolios has grown dramatically, yet the tools to govern that spend have lagged behind.
Yarken is a modern, AI-powered IT financial management solution. Unlike traditional tools, it brings automation, transparency, and intelligence together in one place, making it a strong challenger to established vendors in the market.
It also meets rigorous security and privacy standards — including SOC 2 Type II certification, GDPR compliance, and dedicated data environments for each client — making it a great fit for heavily regulated industries like banking and financial services.
The platform’s ability to partner with resellers also accelerates growth while keeping customer acquisition costs low — a compelling unit economics story that reinforces the company’s strong commercial momentum.
“Tenity is excited to work with Yarken to support our network of European banking and financial services partners in achieving technology cost transparency and optimisation during an unprecedented era of AI disruption. Yarken’s AI-native platform addresses a pain point that every major financial institution we work with is grappling with — and it does so with the security, compliance, and enterprise readiness that regulated institutions demand. We see enormous potential for Yarken across our fintech ecosystem and look forward to opening doors across Europe and beyond.”
– Andrea Fritschi, Chief Investment Officer and Managing Partner at Tenity
FinOps and ITFM/TBM frameworks are widely adopted, yet many enterprises still rely on manual processes, spreadsheets, and custom pipelines to manage cost allocations, forecasting, and governance. Yarken’s founders believe IT Financial Management is entering its second generation: one that demands intelligent financial systems that are adaptive, policy-driven, and embedded directly within enterprise operating models.
Unlike tools focused primarily on dashboards, Yarken emphasises operational execution through AI workflows, enabling organisations to automate recurring controls and governance processes at scale.
” FinOps and ITFM/TBM frameworks are sound, but running them continuously at enterprise scale remains difficult. We built Yarken so organizations can embed and operationalize ITFM/TBM & FinOps practices directly into their operating models, allowing finance and technology teams to focus on decisions and optimization rather than manual processes.”
– Ravi Kuppan, Founder and CEO, Yarken
Yarken is already supporting large global organisations in modernising financial governance. One example: a leading top-100 QS World University deployed Yarken to improve financial engagement across business units, enabling Business Relations Managers to regularly engage with financial data tailored to their portfolios. Thirty-three percent of software spend that was previously opaque is now visible and actively managed — tightening forecast control and reducing compliance risk from untracked P-Card purchases.
The investment will enable Yarken to double its engineering and customer success teams, advance its product suite around automated policy enforcement and cross-cloud optimisation, and expand its sales presence across North America, Europe, and Asia.
About Yarken
Yarken is an AI-native IT Financial Management platform designed for regulated, security-conscious enterprises. It enables organisations to automate cost allocation, forecasting, and governance workflows — embedding FinOps and TBM/ITFM practices directly into enterprise operating models. Yarken holds SOC 2 Type II certification and is GDPR-compliant, and has been recognised as an Established Vendor in Gartner’s 2025 IT Financial Management Market Guide.
About Tenity
Tenity is a global innovation powerhouse shaping the future of finance and technology. With hubs in Zurich, Singapore, Tallinn, Madrid, London, and Istanbul, Tenity blends venture capital, innovation partnerships and global ecosystem access to create value that compounds.
Through its unique hybrid model, Tenity helps ambitious founders grow, supports corporates in making innovation actionable, and gives investors early access to high-potential deal flow. Since launch, Tenity has partnered with 65+ leading institutions, supported 1,600+ startups, and runs innovation programs in over 15 countries. Across continents and industries, Tenity connects what’s next and backs those bold enough to build it.
Tenity. Fintech makers – and other impossible things
