Powder Analysis: $5M Raised
What is Powder?
Powder provides AI-driven solutions for wealth management, enhancing client service through real-time insights and automating document and meeting analysis.
Employees
6
Founded
2023
Revenue
$1.8M
Company Stage
Seed
YC Batch
W24
Product Features & Capabilities
- Document AI, Meetings AI, real-time insights, proposal building, external asset aggregation, estate understanding, compliance features, data protection, AI-enabled accuracy, productivity enhancement, cost savings, customer satisfaction, scalability.
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.
Who are the founders of Powder
KP
Kanishk Parashar
Founder, CEO
SY
Soo Yung Cho
Founder, CTO
DG
David Goerz
Co-founder, Chief Investment Officer
Investors
- YCombinator
- General Catalyst
- Funder's Club
- Elefund
- Litquidity Ventures
- Script Capital
- Jon Xu (co-founder at FutureAdvisor)
- Bryant Chou (co-founder of Webflow)
