
Astrada, a San Francisco, CA-based provider of a data layer service for autonomous finance, has raised $3.8 million in a Seed funding round led by Bain Capital Ventures, QED Investors, and Nyca Partners, with participation from Mastercard and Visa.
The company plans to use the funds to grow its operations and continue developing its products.
Since launching in 2024, Astrada has processed over $750 million in card spending and more than three million transactions across all major card networks through a single API, with early customers including Workday, Zoho, Payhawk, and Miter.
As businesses adopt AI agents for financial tasks, the need for real-time, unified data has become important, and Astrada provides the infrastructure to support both human and AI-driven spending at scale.
RECOMMENDED FOR YOU
Funding Wrap of the Week | American Startups Funding Roundup | June 17 – June 21
Startuprise io
Jun 22, 2024
Read More:Trillium Raises $13M in Series B Funding Led by HS Hyosung Advanced Materials
"Finance is moving from manual to autonomous — and the infrastructure hasn't kept up. We built Astrada to be the real-time data layer that finance platforms need as they evolve to support AI agents alongside human users. With backing from investors and strategic partners who are shaping the future of payments and financial services, we're positioned to become the connective tissue of autonomous finance, " Said Salman Syed, Founder and CEO, Astrada."
About Astrada
Founded by Salman Syed, Astrada is based in the San Francisco Bay Area and New York, and provides a real time data platform for business spending, offering a single API that gives access to card and banking data across major networks, making it easier for companies to connect and manage financial data without complex integrations.
Read More:Astrocade Raises $56M in Series A and Series B Funding








