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Accend

YC S23 · Active · AI agents for commercial underwriting at banks and fintechs

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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.

YC batch
S23 · Summer 2023
Status, per YC
Active
Category
AI
Team size
18
Checked
31m ago

YC tags: Fintech, Generative AI, Finance, AI

Accend in S23: 220 companies, 77% AI

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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