Powder

formerly Powder Finance

Powder is a fintech company in United States, founded in 2023. It has raised $5.0M across 2 rounds, most recently a $5.0M Seed in 2024 (est.).

AI Agents for precise document analysis

Employees
1–10
Founded
2023
Business Model
B2B
Total Funding
$5.0M
Last Round
$5.0M SeedJan 2024
Rounds
2

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

Indexed holds 2 funding rounds and 1 investor for this company. The full record is or through the API.

About

Powder is an AI tool that helps wealth advisors rapidly create sales proposals that are personalized for each prospective client. Using LLMs, Powder is able to automate a series of manual tasks such as understanding documents and conversations to create mind-blowing analysis that builds immediate trust. Powder has 3 main features to automate sales workflows - 1. Brokerage, tax and estate document parser thats fast and accurate. 2. Meeting notetaker thats able to capture personalized insights. 3. Portfolio analysis tool that optimizes portfolio returns, risk and fees. Our app saves hours of time and creates a pinpoint proposal that lifts a firm's ability to win new business.

Summary

It lists 1–10 employees. It has raised $5.0M in total across 2 rounds, most recently a $5.0M Seed round in 2024 (est.). Investors include General Catalyst.

Tech & App Stack

4 technologies & apps tracked

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Funding History

Data from Indexed.vcUpdated
SeedSeed Round2024 (est.)
$5.0M

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Funding: Pre-Seed through Seed. Amounts, valuations, and investors where available.

Investors

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