Accend
YC S23Silicon Valley, US · Founded 2023 · Delaware LLC · 18 employees · Hiring · 2 known investors
Accend is an AI platform for financial institutions to automate business underwriting, onboarding, and risk assessment. It serves fintech, banks, and payment platforms seeking faster financial analysis and compliance with industry-standard accuracy.
Also known as Accend Technology, Inc
Founders & leadership· Y Combinator alumni (S23)
Accend was founded in 2023 by Pranjal Daga, Yutong Pei, and Joseph Zhou.
PD
Pranjal Dagain𝕏Co-Founder & CEOHe previously led product for AI initiatives focused on risk management at Brex, and earlier helped establish Cisco Innovation Labs, scaling the team from a single person to 35 members over four years. He did not complete a PhD in AI/ML at Purdue University.
YP
Yutong PeiinCo-FounderYutong Pei held engineering leadership roles at Brex on the Fraud Risk team, IoTeX, Uber, and Amazon, with experience in fraud controls and security engineering.
JZ
Joseph ZhouFounderHe previously worked as CFO at a mobile gaming company, where he launched operations in Europe and grew the team to 80 employees.
MF
Mario F. SpinellaExecutive
JS
Jeffrey Scott SzorikExecutive
Investors · 2
Reported raises · per SEC filings
Form D private placements▶$3MofferedMar 2016 · CommercialRule 506(c)
▶$3MofferedMar 2016 · Commercial
Rule 506(c)Officers, directors & promoters on the filing
- Mario F. SpinellaExecutive Officer
- Jeffrey Scott SzorikExecutive Officer
- Offering amount
- $3M
- Minimum investment
- $50K
- Sales commissions
- $165K
- Placement agents
- WealthForge Securities, LLC
- Incorporated
- Limited Liability Company, Delaware, 2016
- Federal exemptions
- 06c
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Competitors · 5
by search overlap
Ascend26 shared keywordsAscend is a financial operations platform purpose-built for insurance agencies, wholesalers, MGAs, and carriers, combining AI-powered accounting automation, payments, and premium financing. The platform automates workflows from billing and invoicing through cash application, carrier payables, and direct bill reconciliation to streamline end-to-end financial operations.
Docsumo13 shared keywordsDocsumo provides APIs and document processing platform to extract data from unstructured documents across industries including insurance, banking, and logistics. The platform enables businesses to automate document data capture with 90%+ touchless processing capabilities.
Blooma13 shared keywordsBlooma provides intelligent automation software for commercial real estate (CRE) lending, automating data extraction, borrower profiling, loan scoring, and portfolio monitoring for national and regional banks, community banks, and debt funds.
Ascend Io12 shared keywordsAscend was a data engineering platform that provided declarative pipeline technology, unified ingest/transform/orchestration capabilities, and agentic data engineering solutions to help data engineers.
F212 shared keywordsF2 is a private markets intelligence platform that helps investment firms leverage their institutional knowledge to screen, diligence, underwrite, and monitor deals more efficiently.
Companies competing with Accend for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Frequently asked questions
- What does Accend do?
- Accend is an AI platform for financial institutions to automate business underwriting, onboarding, and risk assessment. It serves fintech, banks, and payment platforms seeking faster financial analysis and compliance with industry-standard accuracy.
- Who founded Accend?
- Accend was founded by Pranjal Daga, Yutong Pei, Joseph Zhou in 2023.
- Who are Accend's investors?
- Accend's investors include Adverb Ventures, Y Combinator.
- Where is Accend headquartered?
- Accend is headquartered in Silicon Valley, US.