# Puzzle Financial

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/puzzle-financial

- Industry: Software
- Headquarters: Wilmington, US
- Website: www.puzzle.io/
- Total disclosed funding: $46M
- Latest round: Series A (Oct 17, 2023)
- Investors on record: 11

## About

Founded in 2019 and based in California, US, Puzzle Financial Inc. is a company that offers real-time accounting software that empowers entrepreneurs and is meant to help startups grow. Sasha Orloff (CEO) and John Cwikla (CTO) are the co-founders of the company. In November 2023, Puzzle Financial Inc. raised USD 30.54 million in Series A funding co-led by Section 32 and XYZ Ventures, including Felicis Ventures, Kapor Capital, Sterling Road, Born Capital, Soma Capital Partners, Alumni Ventures Group, Gaingels Syndicate, General Catalyst Partners, and FOG Ventures, valuing the company at USD 0.14 billion post-money. 

The company provides a financial data platform that can automatically validate and reconcile data silos. The platform has been used by over five hundred startups backed by PE firms such as Sequoia, Craft, and Greylock.

Puzzle Financial generates revenue through its pricing plans, which include the startup plan for USD 50 per month, the automation plan for USD 250 per month, and the enterprise plan for customized pricing.

The organization plans to use the November 2023 funding to support the development of its services, such as automated and real-time finance.

## Funding rounds

- Series A, Oct 17, 2023, $31M — General Catalyst Partners, Felicis Ventures, Kapor Capital, Alumni Ventures Group, Soma Capital Partners, Gaingels, Section 32, XYZ Ventures, Sterling Road, Born Capital, FOG Ventures
- Series A, Feb 16, 2023, $15M — General Catalyst Partners, FOG Ventures

## Investors

- General Catalyst Partners (https://capitalatlas.ai/funds/general-catalyst-partners) — Series A
- FOG Ventures (https://capitalatlas.ai/funds/fog-ventures) — Series A
- Felicis Ventures (https://capitalatlas.ai/funds/felicis-ventures) — Series A
- Kapor Capital (https://capitalatlas.ai/funds/kapor-capital) — Series A
- Alumni Ventures Group (https://capitalatlas.ai/funds/alumni-ventures-group) — Series A
- Soma Capital Partners — Series A
- Gaingels (https://capitalatlas.ai/funds/gaingels) — Series A
- Section 32 (https://capitalatlas.ai/funds/section-32) — Series A
- XYZ Ventures (https://capitalatlas.ai/funds/xyz-ventures) — Series A
- Sterling Road (https://capitalatlas.ai/funds/sterling-road) — Series A
- Born Capital (https://capitalatlas.ai/funds/born-capital) — Series A