Finpilot raises $10M for AI agents that handle the grunt work for institutional investors
Finpilot, a Seattle startup that uses AI agents to automate document processing and data entry for institutional investors (hospitals, pension funds, foundations), has closed a $10 million Series A round led by Lobby Capital with participation from Madrona Venture Group. The company, founded in 2023, has now raised approximately $14.5 million total and plans to expand its product capabilities and team. Finpilot's agents consolidate fund manager reports and spreadsheets, automating information extraction to free up investment teams for higher-level decision-making.
Key points
- Finpilot raises $10M Series A led by Lobby Capital
- AI agents automate document processing for institutional investors
- Total funding to date: approximately $14.5 million
- Plans expansion of product and hiring
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