Accend
AI agents for commercial underwriting at banks and fintechs
Founders
Not read from YC yet; the weekly run fills these in.
Same space
Competitors
Closest in what they build, same category.
Adjacent
Overlapping tags, a different niche.
NumeralW23The AI-native sales tax solution.Shared: fintech, financeActive
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ModernbancW20Accounting software that works for youShared: fintech, financeActive
CascaS23Make Banking MagicalShared: fintech, financeActive
MonumintW24Conversational AI purpose-built for financial servicesShared: fintech, financeActive
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Batchmates in Summer 2023.
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About Accend
Accend helps commercial banks and fintechs underwrite business customers faster, win more deals and increase revenue. We provide an end-to-end platform to automate document intake, financial statement / tax spreading, cash flow modeling, credit memos and portfolio management, with audit-ready AI and human-in-the-loop accuracy. Companies like Corpay, Brex, Rippling, Rho, Column, Settle, and many others have reduced application processing time by 80% with Accend, significantly enhancing their credit underwriting efficiency Before starting Accend, the founders led Product & Engineering on the Risk team at Brex as well as at Deutsche Bank and Credit Suisse so they have firsthand experienced issues with operational efficiency in credit/underwriting teams. Accend has raised a $3.2M seed round from Y Combinator, Adverb Ventures, General Catalyst and 645 Ventures.
Accend: questions
Which YC batch was Accend in?
Accend was in Y Combinator's Summer 2023 batch (S23).
Is Accend still active?
Y Combinator lists Accend as active.
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