Powder
“Can generative AI agents automate the most laborious fintech and financial operations workflows for SMBs?”
Founded2024
HQLos Altos, California, United States
Latest roundSeed, July 2024
IndustryFintech / SMB banking
The story
Powder (powderfi.com) is a generative AI agent company based in Los Altos, California that raised a Seed round in July 2024 with 11 investors. The company describes itself as building generative AI agents that automate laborious tasks to save time. Its domain name (powderfi.com) suggests a fintech orientation, and the Atomic partnership (income/payroll data aggregation) points toward financial automation use cases. The evidence is thin at the Seed stage, with limited public disclosure of product specifics.
Product timeline
2024
Powder founded and raised Seed round (announced July 2024), positioning as a generative AI agent platform to automate laborious tasks, operating under powderfi.com.· pivot
The stack
Accounting gap: none