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Venture Capital News: Aleph Launches With $16.7M

2023-10-24
NEW YORK, NY, Today Aleph, the source of truth for finance teams, emerged from stealth with $16.7 million in financing.
The funding round was led by Bain Capital Ventures (BCV) with participation from existing investors Khosla Ventures, Picus Capital and Y Combinator, and including angel investors and current customers. Aleph serves as the one repository for all financial data, helping teams make better decisions, faster. With this funding, Aleph will continue its mission to become the comprehensive data platform for finance teams by unlocking the power of AI for accuracy and speed of financial reporting, and by introducing collaboration features for non-finance stakeholders.

Aleph helps top finance teams work with their data in real time. Businesses can automate financial models and streamline budgeting and forecasting with the fastest-to-implement FP&A platform. Aleph eliminates the need to export data from multiple sources by syncing spreadsheet models with data from 150+ integrations, and allows teams to interact with their data in no-code dashboards.
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