Finch Inc.
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Finch Inc. - overview
Established
2020
Location
San Francisco, CA, US
Primary Industry
Software
About
Finch Inc. is a US-based company specializing in providing an integrated API platform that connects businesses with HRIS and payroll systems, enhancing data exchange and operational efficiency. Founded in 2020 in San Francisco, US, Finch Inc. offers a platform that connects organizations with HRIS and payroll systems.
The company, co-founded by Jeremy Zhang, Ansel Parikh, and Simon Reisch, has raised a total of USD 3. 5 mn and completed 4 deals, with the latest funding round being a Series B on May 1, 2023, led by General Catalyst Partners, Intuit Ventures, and Menlo Ventures. The current company valuation is USD 191. 101 mn.
Finch provides an integrated API platform designed to connect businesses with a vast network of HRIS and payroll systems, facilitating the seamless exchange of employment-related data. The company's core offerings focus on automating processes around employee onboarding, benefits enrollment, and payroll management. Finch's solutions enhance operational efficiency across industries such as Employee Benefits, HR Tech, and B2B Fintech, enabling organizations to access comprehensive employment data, which is particularly valuable for employers looking to streamline administrative tasks and manage compliance. Finch operates on a subscription-based revenue model, generating income through partnerships with organizations leveraging its API services to enhance their offerings.
As clients access Finch’s API for automating employee onboarding and benefits management, the pricing structure aligns with client needs, contributing to a recurring revenue stream. In May 2023, Finch Inc. raised USD 3. 5 mn in Series B funding, co-led by Intuit Ventures, Menlo Ventures, and General Catalyst Partners.
The funding will be utilized to expand the API's capabilities, develop new products, and enhance operational reach. The company is actively exploring opportunities to enter new markets, focusing on expanding its footprint in North America and Europe, with specific plans to introduce additional products by 2024.
Current Investors
Menlo Ventures, General Catalyst Partners, Y Combinator
Primary Industry
Software
Sub Industries
HR & Workforce Software, Application Integration Software
Website
www.tryfinch.com
Verticals
Cloud Computing
Company Stage
Series B
Total Amount Raised
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