Finch Raises $15M To Build An Api For Hr Systems
06/08/22, 1:00 PM
Money raised
$15 million
Industry
software
Finch, which builds APIs to connect corporate payroll, HR, and benefits systems, today announced that it raised $15 million in a Series A funding round led by Menlo Ventures with participation from General Catalyst, Bedrock, Sempervirens, and Y Combinator. Co-founder and CEO Jeremy Zhang said that the new money will be put toward growing the startup’s 36-person workforce, particularly on the engineering, sales, and developer sides.
Company Info
Additional Info
The platform acts as a connectivity layer for over 140 employment systems, letting apps and services such as Gusto, Justworks, Zenefits, and ADP access employment data stored in disparate systems. Some companies might balk at the idea of funneling employee data through a third-party platform like Finch. But Zhang said that Finch doesn’t currently run an analysis on data passing through its systems and that customers can delete data from Finch or stop sharing data with an individual Finch-connected app at any time.“Suppose you have used Finch to facilitate a connection between your employment system and an app.