Finch, a San Francisco, CA-based employment API, raised $15M in Series A funding.
The round was led by Menlo Ventures, with participation from General Catalyst, Bedrock, Sempervirens, and Y Combinator. In conjunction with the funding, Matt Murphy, managing director of Menlo Ventures, will join Finch’s board of directors. Croom Beatty, partner at Menlo Ventures, and Alex Tran, managing director at General Catalyst, will join as board observers.
The company intends to use the funds to drive growth initiatives, expand the team, and extend the reach of its connectivity and data products.
Led by CEO Jeremy Zhang, Finch provides a solution that streamlines data transfers. Since 2020, its API has acted as a connectivity layer allowing applications to compliantly request and securely access employment data stored in their customers’ employment systems. This functionality connects underlying employment systems across HR, payroll, and benefits, including mission-critical infrastructure in applications across B2B fintech, benefits, HR, and enterprise verticals.
Recent Finch milestones include compatibility with 150+ employment systems, coverage of 88+% of U.S. employers, 5M+ daily API calls, 10,000+ employers connected to Finch’s infrastructure from startups to publicly traded enterprises.
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