Guide Startups

Accend

Summer 2023 · Active

Human-in-the-loop AI agents for business underwriting & onboarding

Founded: 2023

Team size: 3

About

Accend provides human-in-the-loop AI agents for financial statement spreading and analysis with same-day turnaround. Our AI accelerates the process of extracting insights from financial statements, while our expert internal team reviews each case to guarantee accuracy and reliability. Companies like Slope, Pleo, Rho, Evergrow and others have reduced application processing time by 80% with Accend, significantly enhancing their credit underwriting and onboarding 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.

Founders

  • Pranjal DagaFounder

    Currently, Cofounder of Accend. Previously, I led Product for Risk at Brex & saved $20M in fraud losses. Before that, I dropped out of my PhD in AI/ML at Purdue University to help set up Cisco Innovation Labs where I grew the team from 1 to 35 in 4 years.

  • Yutong PeiFounder

    Yutong Pei was most recently the Engineering Manager on the Fraud Risk team at Brex where he built the Disputes service, worked on fraud controls by managing engineers and data scientists. Previously, he has led Fraud Engineering and Security for IoTeX, Uber and Amazon.

  • Joseph ZhouFounder

    I'm one of the Co-Founders of Accend. Previously, I served as the CFO of a mobile gaming startup with a 50M ARR. I established the company’s operation in Europe and scaled the team from 0 to 80 members.