Y Combinator · Mar 2024
YC’s launch post describes NowHouse as software that helps stock brokerages settle trades instantly by automating trade reconciliation and writing reconciled transactions to a general ledger.
Company research
Public company, workplace, funding, and market signals
Updated Jul 29, 2026
Overview
NowHouse is a YC-backed fintech company building post-trade processing software and a ledger API for brokerages, aimed at automating trade/corporate-action reconciliation and maintaining audit-ready books and records.
Primary product
AI-powered post-trade processing software with a configurable ledger API for brokerages
Founded
2024
Headquarters
New York City, NY, US
Team size
1-10
Industry
Financial Technology
Sub-industry
Post-trade processing / brokerage back-office software
Business model
B2B SaaS
Funding
Stage
Convertible note / accelerator-backed
Total raised
$500K
Latest round
Convertible Note · Jan 2024
Latest amount
$500K
Jan 2024 · Y Combinator
People & investors
Leadership
Dhaval Gajiwala
Founder
Investors
Work & culture
Compliance- and audit-focused, with a strong emphasis on white-glove onboarding, data integrity, and regulatory readiness.
Product & market
Pricing
B2B SaaS subscription (inferred from public descriptions)
Differentiators
- —AI-driven preprocessing and normalization of trading datasets
- —Configurable reconciliation heuristics and objective functions
- —Double-entry ledger with immutable backups
- —Audit-ready recordkeeping
- —Support for intraday portfolio and funding tracking
- —Multi-region cloud hosting for high throughput and low latency
Technology
AI-driven trade reconciliation
post-trade processing workflows
configurable general ledger
double-entry accounting
immutable backups
schema-flexible transaction templates
multi-region cloud hosting
intraday portfolio tracking
Customers
stock brokerages
broker-dealers
trading ops teams
clearinghouses
Competitors
Broadridge
TradeFlow
Hadrius
Greenboard
Fund Recs
OSTTRA
Scale & contact
Estimated revenue
approximately $85.6k annual revenue (estimate)
Latest news
Y Combinator · Mar 2024
YC company profile reiterates the product focus on trade reconciliation for brokerage back offices and the company’s W24 status in New York City.
aVenture · Mar 2024
Research profile summarizes NowHouse as AI-powered post-trade processing software, notes its 2024 founding, New York HQ, YC W24 backing, and a $500k round.
CB Insights · Jan 2024
CB Insights describes NowHouse as a financial-technology company serving brokerages, with a 2024 founding, New York headquarters, convertible-note funding, and competitor positioning versus Broadridge.
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