LinkedIn · Jul 2025
Greg Gevorkyan announced Modernbanc as an AI financial assistant for business owners, emphasizing real-time banking and accounting data and answering finance questions quickly.
Public company, workplace, funding, and market signals
San Francisco-based YC W20 fintech building AI-powered accounting and financial-operations software for startups and businesses, centered on a spreadsheet-like real-time finance assistant plus ledger, vault, workflows, and reconciliation modules.
Primary product
AI-powered accounting / real-time finance platform with spreadsheet interface
Founded
2020
Headquarters
2261 Market Street, San Francisco, CA 94114, U.S.
Team size
1-10
Industry
Financial Services
Sub-industry
Fintech / accounting software
Offices
0 jobs at Modernbanc
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Business model
Stage
Seed
Total raised
$125K
Latest round
Seed · Oct 2020
Latest amount
$125K
Leadership
Founder & CEO
Co-founder & CTO
Founding Engineer
Investors
Lean, engineering-heavy, AI-native, and craft-oriented. Public messaging emphasizes speed, offline-first UX, real-time finance, security/compliance, and reducing finance busywork for founders and accountants.
Compensation
A public YC job post said the company offers competitive salary and equity; at least one role was described as remote with a North America-based candidate preference.
Pricing
Demo-led / custom pricing; public launch offers included two months free for the first 10 clients.
Differentiators
Technology
Customers
Competitors
Estimated revenue
About $1M annual revenue (third-party estimates range from roughly $900K to $1M).
Estimated monthly visits
179
Traffic estimate as of May 2024
LinkedIn · Jul 2025
Greg Gevorkyan announced Modernbanc as an AI financial assistant for business owners, emphasizing real-time banking and accounting data and answering finance questions quickly.
LinkedIn · Mar 2025
Modernbanc added receipt attachment to transactions, supporting invoices and contracts and centralizing record-keeping.
LinkedIn · Mar 2025
Modernbanc launched an accountant partnership program with referrals, discounts, and feature-request priority.
LinkedIn · Feb 2025
Modernbanc said it entered public beta and highlighted AI bookkeeping, runway/burn reporting, tax-readiness, and a built-in spreadsheet.
Finovate · May 2024
Modernbanc presented its Ledger, Vault, Workflows, and Reconciliations modules and highlighted AI/no-code reconciliation for finance teams.