Powder LinkedIn · Apr 2026
Announced balance-sheet support and reinforced the broader document-type coverage of the platform.
Public company, workplace, funding, and market signals
Powder is a Los Altos–based wealthtech startup building AI agents that automate document analysis and data extraction for financial operations and compliance, aimed primarily at wealth advisors and RIAs.
Primary product
Generative AI agents for financial document analysis and data extraction
Founded
2023
Headquarters
Los Altos, California, United States
Team size
1-10 employees
Industry
Technology, Information and Internet
Sub-industry
Wealthtech / AI document automation for wealth management
Offices
0 jobs at Powder
Check back later for new openings
Business model
Stage
Seed
Total raised
$5.5M
Latest round
Seed · Jul 2024
Latest amount
$5M
Leadership
Co-Founder & CEO
CTO & Co-Founder
Co-Founder & CRO
Co-Founder & CIO
Co-Founder & Principal Engineer
SVP, GTM
Taeho Kim
Founding UXE
Founding Engineer
Founders
Principal Engineer & Co-Founder
Investors
Small founder-heavy team with roots in technology and finance, focused on speed, accuracy, trust, and security. Public-facing materials emphasize a mission to democratize access to wealth, high-agency builders, and delivering tangible time savings for advisors.
Compensation
One public role listed Founding Software Engineer, Agents at $100k-$150k/year plus 0.30%-1.00% equity; job copy also emphasizes competitive salary and meaningful equity.
Pricing
Yearly subscription plans with monthly payment options; enterprise plans include custom workflows, dedicated account management, custom data retention, and custom SLAs.
Differentiators
Technology
Customers
Competitors
Estimated revenue
$1M-$10M
Powder LinkedIn · Apr 2026
Announced balance-sheet support and reinforced the broader document-type coverage of the platform.
Powder LinkedIn · Mar 2026
Case study showing Powder used by Koyfin to extract financial document data into a structured API workflow.
Powder LinkedIn · Nov 2025
Announced SOC 2 Type 2 certification and highlighted security and privacy controls.
Financial Planning · Jul 2024
Explains the product, new chatbot feature, target market, pricing signal, and the company’s emphasis on making the workflow more seamless for advisors.
PRNewswire · Nov 2023
Public launch and pre-seed funding announcement; described Powder as an AI co-pilot for wealth advisors and named early founders and investors.