Functional Finance is a San Francisco-based insurtech building the financial operations (FinOps) platform for the insurance industry. Its API-driven software automates billing, invoicing, premium collection, premium finance, payables, commissions, treasury and reconciliation for managing general agents (MGAs), wholesalers and carriers - replacing spreadsheets and manual data entry with near real-time, policy-aware money movement. Founded in 2021 by CoverWallet alumni, the company raised a $20M Series A in 2024 on the back of a 2,500% year-over-year jump in premium payment volume.
Alejandro Casas Caro is the co-founder and CEO of Simetrik, a Y Combinator-backed AI-powered financial reconciliation platform that processes over 1 billion records daily for 100+ companies across 40+ countries. A technical founder who studied UX design in Barcelona, he pivoted from a failed fashion e-commerce startup to building what has become a $116M+ funded enterprise infrastructure company backed by Goldman Sachs, Tiger Global, and Mercado Libre Fund.
Simetrik is an AI-powered, no-code reconciliation platform that automates transaction matching, exception management, and compliance workflows for enterprises operating at high transaction volumes across 40+ countries.
Modern Treasury is a San Francisco software company that builds payment operations infrastructure for businesses moving money at scale. Its API-first platform connects directly to banks and unifies ACH, wire, RTP, FedNow, and stablecoin rails behind one developer-friendly interface, with a real-time ledger and automated reconciliation built in. Founded in 2018 by three engineers who lived through the pain firsthand at a mortgage marketplace, the company has powered hundreds of billions of dollars in payments for customers like Gusto, Marqeta, Navan, ClassPass, and Procore.
Zalos builds computer agents that automate repetitive finance operations - from reconciliation to accounts payable - without replacing existing systems. Instead of API integrations, its agents learn directly from screen recordings and then log into ERPs like NetSuite, SAP, and Sage the same way a human would, handling 2FA, navigating screens, and maintaining full audit trails. A Y Combinator Fall 2025 company, Zalos raised $3.6M seed to put invisible finance workers inside the software CFOs already use.