News Briefs

Menlo Ventures leads $15m first round for Finch

Finch will use the funding to widen its coverage in the employment systems connectivity space.

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  • Finch was founded in late 2020 by Jeremy Zhang and Ansel Parikh
  • The Series A was led by Menlo Ventures, with participation from Bedrock, General Catalyst, Sempervirens and Y Combinator
  • Menlo Ventures managing director Matt Murphy joined Finch’s board

Finch, an application programming interface for employment systems, announced a $15 million series A round led by Menlo Ventures.

Additional participants in the round include Bedrock, General Catalyst, Sempervirens and Y Combinator. Matt Murphy, managing director at Menlo Ventures, joined Finch’s board of directors as part of the deal. In addition, Menlo Ventures partner Croon Beatty and General Catalyst managing director Alex Tran joined the board as observers.

The San Francisco-based software developer will use the funding to become compatible with all employment system providers and to develop additional data models across benefits, equity, time and attendance, and identity, it said in a statement.

Finch said it has generated year-over-year growth of 10x since its launch at the end of 2020.