Finch, a platform that helps companies connect to various HR apps, services and systems, today announced that it raised $40 million in a Series B round co-led by General Catalyst and Menlo Ventures with participation from QED Investors, Altman Capital and PruVen Capital.
Co-founder and CEO Jeremy Zhang says the new cash will be put toward adding coverage for more payroll and benefits systems, expanding into new employment data verticals and growing Finch’s engineering, product and customer success teams. Zhang claims that the company was cash flow-positive before the funding round, with revenue increasing 12x since Finch’s Series A last June.
“This funding validates Finch’s leading position in the employment API ecosystem and fuels our focus on building deeper connectivity and broader coverage,” Zhang told TechCrunch in an email interview. “Finch’s mission is to democratize access to the infrastructu...
