Powder
Generative AI agents parsing statements and estate documents for advisors
Powder uses generative AI agents to automate document-heavy wealth work, parsing financial statements and estate documents, analysing portfolios and generating proposals. It also offers a per-client AI chat for analysts.
GAII take
Statement-to-proposal automation addresses a clear prospecting bottleneck; named RIA customers add credibility.
Statement-to-proposal automation addresses a clear prospecting bottleneck; named RIA customers add credibility.
- Website
- powderfi.com
- Headquarters
- North America
- Founded
- 2024
- Company type
- Startup
- Funding
- $5.0M · Pre-seed / Seed
- Latest round
- Seed · $5M · Jul 2024
- Status
- Active
- Founders
- Kanishk Parashar
- Investors
- Y Combinator, General Catalyst, Litquidity Ventures, Script Capital
- Named customers
- Catalytic Wealth, EPIQ Capital, IEQ Capital
- Also in
- Modeling & Analyst Productivity
- Buyer
- Wealth managers & RIAs
- Asset class
- Multi-asset
- Workflow
- Research & diligencePortfolio construction
- Ai capability
- Document extractionAgents & automationGenerative content
- Delivery
- SaaS application
GAII ID GAII-T0342 · Updated 2026-10-22 · Compiled from public sources for educational and informational purposes. Not investment advice.