He Agent Fintech Startup AFFINITI’S $ 17M Series A Round – ryan

One startup is betting that he agents will beCome an invasive tool for the Country’s 33 million Small Businesses, and it just raise a freund of funding to life vision for an “AI CFO.”

The Fintech Startup, Affiniti, Just Raised A $ 17 million Series A LED by Signalfire, Business Insider Has Learned Exclusively. Contrarian Thinking Capital, Sequel, Indicator Ventures, Lightshed Ventures, Riverpark Ventures, Rocket Money Footer Yahya Mokhtarzada, Morning Brew Founder Austin Rief, Chelsea Football Club Player Trevoh Chalobah, and Other Angel Investors ALSO ALSO ALSO ALSO ALSO ALSO ALSO INTO round.

Founded in 2021, New York-Based AFFINITI is a fintech platform for small- and medium-sized businesses that make up 99.9% of Businesses in the US, Employ Nearly Half of the American Workforce, and Represent 43.5% of America’s GDP, Accounting to the The The The The The Thet The The The The The Thet The The The The Thet Chamber of Commerce.

While SMBS MAKE UP THE VASE MAJORY OF BUSINESSES IN THE US, AFFINITI COFUNDERS AARON BAI AND SAHIL PHADNIS BELIVED THAT THEY LACKED The resources they need to survive and thrive: Namely, a platform to track and saving financial analytics that is used to make me. Business Decisions.

The Duo Launched Affinity in November 2024 with it first products: an expense management platform and a small-Business Credit Card, Along with $ 11 million in Seed Funding.

While onboarding their first customers, phadnis said that for many smbs, affinity was the first fintech they have Ever InteraCted with. Additionally, Mary Companies Didn’t Have Finance Teams, and They Wanted Additional Tech Tools to Help Complete Tasks Typically Handled by A Finance or Chief Financial Office.

Around the Same Time, he agents were starting to get Big in Silicon Valley. The Tech Presented an Opportunity for a New Affiniti Product: an “AI CFO” that manages every aspect of a company’s finances, from Banking, Bill Pay, Sales, and More.

Phadnis Told b That Affinite is virtualized in different industries, so it can provide specific financial guidance to smbs in healthcare, finance, automotive, and other industries.

“Undersanding what’s going on in he acroSs verticals has allowed us to stay innovative, from planning out howhent can co-pilot a pharmacy’s financial decisions to users to analyze financially financial health,” He Said.

He agents have been slow to enter the highly-regulated World of Finance Compared to Other Industries Like Sales and Advertising. Hebbia, which uses it agents to Help Bankers and Lawyers with Investment Research, Raised $ 130 Million Last Year from a16z. Another startup bringing he agents to research, auquan, raissed $ 8 million Earlier this year.

Moving Forward, Phadnis Said That Affinite is Focused on Customer Acquisition and Data.

“We Believe the Real Power of AI Agents Lies in the Data they’re trained on,” he said. “If we can become the go-to financial platform for managing all of the financial activities, we’ll be in a unique to create the most accurat he is cfo for vertical we target.”

Here’s an exclusive look at the 11-Slide Pitch deck AFFINITITI Used to Raise Its $ 17 Million Series A Funding Round.