Who founded Definite?

Definite was founded by Mazin Al-Ani, Farhan Ur Rehman, Gurshabd Singh Varaich in 2026.

Who are Definite's investors?

Definite's investors include Barn Ventures, Vela Partners, Y Combinator, Acrew Capital, Costanoa Ventures.

Where is Definite headquartered?

Definite is headquartered in San Francisco, US.

Definite

YC F26

San Francisco, US · Founded 2026 · 3 employees · 5 known investors

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Definite provides continuous automated compliance and reconciliation software for bank controllers, verifying general ledger ties, regulatory filings (Call Reports, 5300s), lending limits, and HMDA/capital checks as data arrives rather than at quarter-end.

Also known as Ledgix Inc. · Bylaw · Ledgix · Ledgix, Bylaw

AI & Machine Learning Data & Infrastructure Enterprise Software Fintech SaaS Artificial Intelligence FinanceUnited States of AmericaAmerica / Canada

Founders & leadership· Y Combinator alumni (F26)

Definite was founded in 2026 by Mazin Al-Ani, Farhan Ur Rehman, and Gurshabd Singh Varaich.

Mazin Al-Ani Co-FounderMazin Al-Ani studied computer science at the University of Waterloo and has worked as a software engineer intern at Optiver on quantitative trading systems and at Boosted.ai on an agentic AI platform for financial analysts. He is founder of Definite, which participated in Y Combinator's S26 batch.

Farhan Ur Rehman Co-FounderFarhan Ur Rehman is an engineer who previously worked at Meta on the Instagram Reels recommendation team and studied Statistics at the University of Waterloo.

Gurshabd Singh Varaich Co-Founder & CEOGurshabd Singh Varaich is a computer science graduate from the University of Waterloo who previously worked as a software engineer intern at BitGo, focusing on wallet policy and approval controls. He is the founder and CEO of Definite.

Michael RitchieFounder

Mike RitchieFounder

Investors · 5

Barn Ventureslisted by Barn VenturesKitchener · $50K

How we know: Barn Ventures's portfolio page · Not right? Tell us

Vela Partnerslisted by Vela PartnersSan Francisco · $100K – $500K

Y Combinatorlisted by Y CombinatorSan Francisco · $500K

How we know: the Y Combinator directory · open dataset · 5k.vc investor directory · Not right? Tell us

Acrew CapitalreportedSan Francisco · $1M – $15M

How we know: a partner's Signal profile · open dataset · 5k.vc investor directory · Not right? Tell us

Costanoa VenturesreportedSan Francisco · $500K – $8M

How we know: a partner's Signal profile · open dataset · 5k.vc investor directory · Not right? Tell us

Funding

SEC filings, press & company announcements

Undisclosed amountSeedAug 2025
Source ↗

Source: company announcements and press reports — follow each round's link for the claim.

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Companies working in the same space as Definite.

Legal entities · 1

corporate structure

Ledgix Inc.

In the news

Definite - Turn weeks of regulatory reports into hours.ycombinator.com · Jul 2026

Frequently asked questions

What does Definite do?: Definite provides continuous automated compliance and reconciliation software for bank controllers, verifying general ledger ties, regulatory filings (Call Reports, 5300s), lending limits, and HMDA/capital checks as data arrives rather than at quarter-end.
Who founded Definite?: Definite was founded by Mazin Al-Ani, Farhan Ur Rehman, Gurshabd Singh Varaich in 2026.
Who are Definite's investors?: Definite's investors include Barn Ventures, Vela Partners, Y Combinator, Acrew Capital, Costanoa Ventures.
Where is Definite headquartered?: Definite is headquartered in San Francisco, US.