Finch Analysis: $4M Raised

Sync employee data from 250+ HRIS systems in minutes; Automate payroll reporting and paystub generation; Configure 401(k) and other benefit plans; Extract W-4 forms for tax compliance; Enable B2B fintech analysis with real-time payroll data

• Free Plan: Forever, includes:

  • Organization APIs (read-only)
  • 30+ Automated Integrations
  • Up to 5 connections
  • Finch Sandbox

• Build Plan: $35/connection per month, includes:

  • Organization APIs (read-only)
  • 30+ Automated Integrations
  • Up to 25 connections
  • SSN supp

The main competitors of Finch in the fintech space include:

1. Unified
2. Merge
3. Argyle
4. Stripe Connect
5. Tray.ai
6. Apideck Unify
7. Cobalt

Finch offers a unified API for HRIS and payroll, enabling organizations to manage employee data, payroll, and benefits seamlessly. Key products and services include:

1. Payroll API: Allows access to payment and pay statement data, including pay periods, gross and net pay, deductions, and tax information.
2. HRIS Integrations: Connects with over 220 HRIS and payroll systems, streamlining employer onboarding and operations.
3. Retirement Services Integration: Provides payroll integrations specifically designed for third-party administrators (TPAs) and recordkeepers, facilitating sponsor onboarding and compliance management.
4. Universal Compatibility: New features that enhance connectivity for payroll systems, ensuring compatibility with various recordkeepers.

Notable features include the ability to build one integration to access multiple employment systems and a focus on seamless data connectivity for payroll and benefits management.

Finch primarily focuses on the Human Resources (HR) and payroll industry, providing a unified API for managing employment, pay, and benefits data across various systems.

Usage-based pricing model, charging per API call and employee data processed.

• General Catalyst
• Menlo Ventures
• QED
• Intuit Ventures
• Y Combinator
• Google for Startups
• Amasia

Finch operates in the HRIS and payroll API market and faces competition from several notable companies. The main competitors include:

1. Knit: Offers unified APIs across various integration categories, featuring a 100% events-driven webhook architecture for real-time data synchronization. It do

Serves 52k employers; Syncs 14M employee records; 99.9% platform uptime; 24/7 on-call monitoring; Backed by Menlo Ventures, General Catalyst, QED, Intuit Ventures, and Y Combinator; Recognized as a top API for payroll data on G2; 67% increase in average deal size for clients using Finch integrations; Saved $800k in integration costs for one client; Saved 80 hours per week on manual operations for a client