Parcha logo — Parcha enables banks and fintechs to approve more customers...

Parcha

Parcha enables banks and fintechs to approve more customers faster, with stronger compliance using AI

Founded 2020 United States San Francisco, United States 15 employees Seed Total: $5.00M AI, Enterprise Software +1

General Information

Company Name Parcha
Founded Year 2020
Location United States San Francisco, United States +2
Employees 15
Industries AI, Enterprise Software, SaaS
Funding Stage Seed
Social

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About Parcha

Parcha is a dynamic and innovative player in the AI and Enterprise Software realms, headquartered in the United States. Founded in 2020, the company leverages cutting-edge AI Agents to automate compliance and operational workflows, promising to enhance decision-making capabilities for banks and fintech companies by allowing faster customer approvals with heightened compliance.

The founding team boasts impressive credentials, having contributed to the substantial growth and product development of successful companies such as Brex, Coinbase, Salesforce, and Twitter. This experience is invaluable in their pursuit of transforming financial operations through technology.

Parcha recently raised a $1.75M Pre Seed Round on 07 August 2023, attracting investors like Kindred Ventures, Ameet Patel, Michael Tannenbaum, Bradley Horowitz, Momo Ong, Cosmin Nicolescu, and Cailen D'Sa, solidifying its promise in the SaaS market.

Taxonomy: AI Enterprise Solutions, Compliance Automation, Fintech Innovation, Banking Technology, Operational Efficiency, AI Agents, Workflow Automation, Financial Technology, Scalable Solutions, Engineering Expertise, Automated Processes

Services & Products

AI-Driven Compliance
Automated Verification
Risk and Fraud Management
AML and KYC/ KYB Screening
Business and Market Research

Target Customers

Financial Institutions Fintech Companies Compliance Teams Risk Officers Global Enterprises

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round •••••• 3
Investor Investor Investor
07 Aug 2023
Pre Seed Round •••••• 7
Investor
•••• ••••
07 Aug 2023

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FAQ About Parcha

Parcha enables banks and fintechs to approve more customers faster, with stronger compliance using AI
Parcha was founded in 2020.
Parcha is headquartered in San Francisco, United States.
Parcha operates in the following industries: AI, Enterprise Software, SaaS.
Parcha has approximately 15 employees.
Parcha has completed 2 funding rounds, raising a total of $5.00M. The latest funding stage is Seed.
Parcha offers: AI-Driven Compliance, Automated Verification, Risk and Fraud Management, AML and KYC/ KYB Screening, Business and Market Research.
Top alternatives and competitors to Parcha include The Vega Group, VooDoo RPA, Responsiv, Ema Unlimited, meta5 Inc.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Parcha and The Vega Group are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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