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Business · Seattle

Seattle's Finpilot raises $10 million for AI agents that do investor paperwork

Lobby Capital led the Series A. Madrona, which led the 2024 seed, joined. Total funding is about $14.5 million.

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The Seattle Times building
The Seattle Times building.

Finpilot, a Seattle startup, has raised $10 million in a Series A for AI agents that take paperwork off the desks of people who invest for hospitals, pension funds and foundations, GeekWire reported Wednesday morning. Lobby Capital, a Bay Area firm, led the round. Madrona, which led Finpilot's $4 million seed in 2024, participated. The company was founded in 2023 and has raised about $14.5 million. It will use the money to expand the product and hire. Customers include in-house investment teams and firms that manage money for institutions. Co-founder and CEO Lakshay Chauhan leads the company.

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