Powder Finance
Latest round
- Seed
Last raised
- Jul 2024
Total raised
- $5M
Investors
- 7
About Powder Finance
Based in California, US, and founded in 2023 by CEO Kanishk Parashar, CTO Soo-Yung Cho, Head of Sales and Operations Dominic Tully, Principal Engineer Jeffrey Magder, and CIO David Goerz, Powder Finance, Inc. operates as a financial technology-based-company providing an artificial intelligence-based online platform in which users can streamline and automate their wealth management activities like financial analysis and sales campaigns. In July 2024, Powder Finance, Inc. Powder Finance, Inc. developed a platform based on artificial intelligence that allows users to collect prospect data from brokerage statements to K1s and supports clients with direct portfolio data updates and customized securities classification. The company offers analysis and support services for prospective clients' target allocations, risk identification, implementation of plans, and capital market data through its dashboard system. In addition, the firm’s platform supports clients by converting the users into their clients through integrated data support and conversion in the wealth management platform. It specializes in transforming complex financial data into actionable insights with informed analysis and task management for clients. The company generates revenue on a subscription-based model and charges USD 80 a year for a starter package. The firm charges USD 160 a year for a professional package.
Who invested in Powder Finance
7 investors across 2 rounds
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Questions about Powder Finance
Who invested in Powder Finance?
Powder Finance has 7 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Powder Finance raised?
Powder Finance has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Powder Finance last raise money?
Powder Finance's most recent round on record is a Seed, in Jul 2024.
What does Powder Finance do?
Based in California, US, and founded in 2023 by CEO Kanishk Parashar, CTO Soo-Yung Cho, Head of Sales and Operations Dominic Tully, Principal Engineer Jeffrey Magder, and CIO David Goerz, Powder Finance, Inc.
Where is Powder Finance headquartered?
Powder Finance is headquartered in Los Altos, US.
Which VCs invest in companies like Powder Finance?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Powder Finance's stage. Their profiles are linked below.
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