Also known as: Accend Technology, Inc
Human-in-the-loop AI agents for business underwriting & onboarding
Company is active
Event Year: 2023
Company is active
Event Year: 2023
Accend offers AI-powered agents, enhanced by human oversight, to streamline business underwriting and onboarding processes. Specializing in financial statement spreading and analysis, Accend delivers rapid, same-day turnaround times. Their artificial intelligence significantly accelerates the extraction of key insights from financial documents, while a dedicated team of experts meticulously reviews each case, ensuring unparalleled accuracy and reliability. Organizations such as Slope, Pleo, Rho, and Evergrow have leveraged Accend's technology to achieve an impressive 80% reduction in application processing time, leading to substantial improvements in credit underwriting and onboarding efficiency. The founders of Accend bring extensive experience from leadership roles in Product & Engineering within the Risk teams at Brex, Deutsche Bank, and Credit Suisse, providing them with a deep understanding of the operational challenges faced by credit and underwriting teams. Accend has successfully secured a $3.2 million seed round from prominent investors including Y Combinator, Adverb Ventures, General Catalyst, and 645 Ventures.
Accend offers AI-powered agents, enhanced by human oversight, to streamline business underwriting and onboarding processes. Specializing in financial statement spreading and analysis, Accend delivers rapid, same-day turnaround times. Their artificial intelligence significantly accelerates the extraction of key insights from financial documents, while a dedicated team of experts meticulously reviews each case, ensuring unparalleled accuracy and reliability. Organizations such as Slope, Pleo, Rho, and Evergrow have leveraged Accend's technology to achieve an impressive 80% reduction in application processing time, leading to substantial improvements in credit underwriting and onboarding efficiency. The founders of Accend bring extensive experience from leadership roles in Product & Engineering within the Risk teams at Brex, Deutsche Bank, and Credit Suisse, providing them with a deep understanding of the operational challenges faced by credit and underwriting teams. Accend has successfully secured a $3.2 million seed round from prominent investors including Y Combinator, Adverb Ventures, General Catalyst, and 645 Ventures.
Total Raised: Unknown (Y Combinator backed)
Last Round: Summer 2023
Total Raised: Unknown (Y Combinator backed)
Last Round: Summer 2023
Fintech
Fintech
Fintech
Fintech
Team size: 3
Hiring: Yes
Team size: 3
Hiring: Yes