Finpilot Raises $10M Series A

Finpilot, a Seattle-based startup that provides AI-powered agents for institutional investors, has raised $10 million in a Series A funding round. This latest injection of capital brings the company's total funding to approximately $14.5 million since its founding in 2023.

Investors

The round was led by Lobby Capital, a Bay Area venture firm. Additional participation came from Madrona, which previously led the company's $4 million seed round in 2024.

Finpilot Use of Funds

Finpilot plans to use the new capital to scale its product offerings and expand its workforce. The company intends to hire for roles in product, marketing, client success, sales, and business development over the coming months to support its growing institutional customer base.

About Finpilot

Founded in 2023 by CEO Lakshay Chauhan and Executive Chairman John Alberg, Finpilot develops AI agents designed to automate administrative tasks for institutional investors, such as pension funds, hospitals, and foundations. By integrating data from disparate sources like portfolio management systems and documents, the company's platform allows investment teams to reduce manual data entry and focus on decision-making and judgment.

Funding Details

Company Website: https://finpilot.ai

Company: Finpilot
Raised: $10M
Round: Series A
Funding Date: November 4, 2026
Lead Investor: Lobby Capital
Additional Investors: Madrona
Software Category: Financial Technology
Source: https://www.geekwire.com/2026/finpilot-raises-10m-for-ai-agents-that-handle-the-grunt-work-for-institutional-investors/