Thursday, November 21, 2024
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US fintech start-up Aleph emerges from stealth with $16.7m funding

  • Aleph, a fintech startup based in New York, has emerged from stealth mode with $16.7 million in funding.
  • The funding round was led by Bain Capital Ventures, with participation from existing investors including Khosla Ventures, Picus Capital, and Y Combinator, as well as angel investors and current customers.
  • Founded in 2020 by CEO Albert Gozzi, Aleph offers a financial planning and analysis platform that helps businesses manage and gain real-time insights from their data. It enables companies to integrate multiple data sources under one platform quickly, featuring an AI dashboard and a web app for collaboration and planning.
  • Aleph claims that its onboarding process takes less than an hour, and its user interface requires minimal training, making it appealing to early customers like Notion, Zapier, Envoy, and Turo.
  • The company intends to use the funding to further develop its data platform, enhance financial reporting accuracy and speed using AI, and introduce collaboration features for non-finance teams.

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