US fintech start-up Aleph emerges from stealth with $16.7m funding

Aleph, a fintech startup based in New York, has emerged from stealth mode with $16.7 million in funding.
The funding round was led by Bain Capital Ventures, with participation from existing investors including Khosla Ventures, Picus Capital, and Y Combinator, as well as angel investors and current customers.
Founded in 2020 by CEO Albert Gozzi, Aleph offers a financial planning and analysis platform that helps businesses manage and gain real-time insights from their data. It enables companies to integrate multiple data sources under one platform quickly, featuring an AI dashboard and a web app for collaboration and planning.
Aleph claims that its onboarding process takes less than an hour, and its user interface requires minimal training, making it appealing to early customers like Notion, Zapier, Envoy, and Turo.
The company intends to use the funding to further develop its data platform, enhance financial reporting accuracy and speed using AI, and introduce collaboration features for non-finance teams.