Powder Analysis: $5.0M Raised
What is Powder?
Powder specializes in building AI agents that automate document analysis and data extraction for financial operations. Their approach significantly reduces manual labor, allowing firms to focus on client engagement and high-value tasks. This transformation leads to enhanced efficiency and client satisfaction in financial services.
HQ Country
Los Altos, United States
Employees
1-10
Founded
2023
Industry
SaaS, FinTech
Product Features & Capabilities
- AI document automation for financial operations
- Data extraction from various document types
- Compliance automation with SEC/FINRA standards
- Workflow automation for financial advisors
- API access for seamless integration.
How much Powder raised
Seed - $5 million
July 23, 2024Lead Investor: A syndicate of 40 Silicon Valley insiders including YCombinator, General Catalyst, Funder's Club, Elefund, Litquidity Ventures, Script Capital, and technology executives Jon Xu and Bryant Chou.
