Powder
YC W24 ↗San Francisco, US · Founded 2023 · 6 employees · 8 known investors
Powder provides an AI document extraction agent that parses financial documents (brokerage statements, tax returns, insurance documents, estate plans, and asset decks) for registered investment advisors and wealth management firms. The platform extracts structured data from unorganized documents to automate portfolio analysis and proposal generation.
Founders & leadership· Y Combinator alumni (W24)
Investors · 8
TRACSonoma · $250K – $2M
TRAC (Third Round Analytics Capital)San Franciscovia Fred Campbell · inferred
Y CombinatorSan Francisco · $500K
Alven Capitalreported
General CatalystreportedSan Francisco · $30M
Secocha VenturesreportedMiamivia Sanket Parekh · inferred
SerenareportedParis · $108K – $16.2M
Slow VenturesreportedSan Francisco · $50K – $1M
In the news
- Goldman’s Newest Fund Finance Pitch Turns Dry Powder Into Yield - Bloombergbloomberg.com · 2026
- What is Dry Powder in Private Equity and Venture Capital?carta.com · 2026
- Wealthtech Startup Powder Raises $5M in Seed Fundingwealthmanagement.com · 2024
- Wealthtech Startup Powder Raises $5M in Seed Funding | Wealth Managementwealthmanagement.com · 2024
- Introducing Powder: Generative AI Co-Analyst | Wealth Managementwealthmanagement.com · 2024
- Powder: Gen AI co-analyst that helps wealth advisors win new clientsycombinator.com · 2024
- Fintech founders pair AI and client prospecting in new platform for financial advisors | Financial Planningfinancial-planning.com · 2023
- Pajarito Powder Raises Series B Fundingfinsmes.com · 2022
