Finpilot Raises $10M in Series A Funding led by Lobby Capital

Finpilot, a Seattle, WA-based provider of an AI-native operating system for institutional capital, has raised $10 million in a Series A funding round.

The round was led by Lobby Capital with participation from Madrona.

The company will use the funding to expand its teams across client success, product, marketing, sales and engineering. It also plans to develop its platform so AI agents can handle more tasks for institutional investment teams.

What is Finpilot?

Finpilot provides an AI-powered platform that helps institutions manage investment data, documents and research in one place.

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Universities, public pension funds, foundations, hospital systems and family offices manage large investment portfolios. However, their teams often spend significant time collecting information from reports, extracting figures from PDFs and matching data across different systems.

Finpilot aims to reduce this manual work by bringing an institution's documents and investment information into a single, organised record.

Its AI agents can read incoming reports, update financial data, prepare analysis and track changes across portfolios. Each figure can be traced back to its original source, while the system involves human team members when a decision requires their judgment.

How Much Funding Has Finpilot Raised?

Finpilot has raised $10 million in its Series A funding round. The company has not disclosed its total funding raised to date or details of previous funding rounds.

Who Invested in Finpilot’s Series A?

The $10 million Series A round was led by Lobby Capital.

Madrona also participated as an existing investor.

Why the Funding Matters

Finpilot will use the fresh capital to expand its workforce across several key departments, including client success, product, marketing, sales and engineering.

The company will also invest in expanding its platform's capabilities, allowing AI agents to manage more tasks for institutional clients.

This development is aimed at helping investment teams reduce the time spent on manual data collection, reporting and portfolio monitoring.

Who founded Finpilot?

Finpilot was founded by Lakshay Chauhan. The source does not specify the company's founding year.

The company is headquartered in Seattle, Washington.

"The teams managing this capital make decisions that fund research, health care and people's retirements," said Lakshay Chauhan, founder and CEO of Finpilot. "Finpilot's job is to take the routine work off their plate so they can focus on those decisions.

"What stood out to us was how Finpilot's clients talk about it," said Eric Carlborg, General Partner at Lobby Capital. "These are institutions that rarely change their systems, and they're making Finpilot the platform their teams run on.

Market and Business Growth

Finpilot serves institutional investors, including universities, public pension funds, foundations, hospital systems and families managing long-term capital.

Its platform brings investment records and documents together and uses AI agents to automate research, reporting, monitoring and due diligence.

The company has not disclosed customer numbers, revenue figures or other business growth metrics.

What Happens Next?

Finpilot plans to grow its team and expand its AI-powered platform. The company will focus on enabling its AI agents to handle more investment-related tasks while maintaining accurate records and source-linked information for institutional clients.

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