US fintech start-up Aleph emerges from stealth with $16.7m funding
New York-based fintech start-up Aleph, which is building a financial planning and analysis platform, has emerged from stealth with $16.7 million in funding.
Aleph co-founders Santiago Perez De Rosso and Albert Gozzi
The round was led by Bain Capital Ventures, with participation from existing backers Khosla Ventures, Picus Capital and Y Combinator, as well as angel investors and current customers.
Founded in 2020 by CEO Albert Gozzi, Aleph operates a financial planning and analysis platform to help businesses manage and gain insights from their data “in real time”. It allows companies to integrate all their sources of data under one platform “in minutes”, coupled with an artificial intelligence (AI) dashboard and a web app for collaborating and planning.
Aleph claims its onboarding process takes less than one hour and its interface requires “little to no training” – leading the start-up to onboard early customers including Notion, Zapier, Envoy and Turo.
“The ultimate way to help finance professionals is to give them the best of both worlds – the flexibility and familiarity of Excel with the centralisation, power and scale of a web app,” says Gozzi.
“We’ll keep listening to our customers and build exactly what finance teams need to double or triple their output without hiring.”
The start-up will use the funding to continue building out its data platform, leverage AI for “accuracy and speed of financial reporting”, and introduce collaboration features for non-finance teams.
