Finch

Finch offers a unified API that allows companies to access more than 200 payrolls, HRIS, and benefits systems to develop HR dashboards and streamline various HR functions, including employee onboarding, benefits management, and cost tracking. It also caters to use cases such as retirement benefits and insurance plan enrollment. The company initially focused on helping lenders process paycheck protection program applications and expanded into the employment API ecosystem. Finch also caters to use cases such as employee income verification through census data (e.g., name, income, DOB, email, phone number, etc). 

Finch uses a subscription-based business model, which includes a freemium plan, with paid plans starting at USD 35 per month per connection, and custom pricing for larger enterprises.

Key customers and partnerships

As of April 2024, the company had over 5 million daily API calls from 35,000+ enterprises, including that of Sequoia, Carta and Betterment.

Finch offers two kinds of integrations: (1) Automated API, which offers instant data extraction from connected systems, and (2) Assisted API, which requires additional implementation steps and extracts data periodically. The automated APIs that Finch integrates with include bambooHR, Bob, Greenhouse, and Gusto, while the assisted API integrations include AAP isolved, Abacus HCM isolved, AccountantsWorld, etc.

Funding and financials

In June 2023, Finch raised USD 3 million in funding from Intuit Ventures. Funds were earmarked to expand operations and its business reach. 

Previously, in February 2023, Finch raised USD 40 million in a Series B round. The funding was allocated to add coverage for more payroll and benefits systems, expand into new employment data verticals, and grow Finch's engineering, product, and customer success teams by increasing its workforce to more than 80 (from 57) in 2023.