Arkifi Announces $9M Seed Led by Nyca Partners and Khosla Ventures

August 21, 2023Client News

Gunderson Dettmer represented client Arkifi, an AI-powered fintech workflow automation tool, in its $9 million seed financing led by Nyca Partners and Khosla Ventures. Arkifi created the world's most powerful finance workflow automation tool using generative AI to help make the lives of analysts and managers easier by focusing on the unique human element of finance: thinking.

In the announcement of the transaction, Arkifi co-founder and CEO Hesam Motlagh said, "This is an exciting time to be building a company that will fundamentally change the finance industry. With the combined AI expertise of Khosla Ventures and financial experience of Nyca, we are humbled and thrilled to start building out our company.”

The Gunderson Dettmer deal team was led by Mike Allers and Aaron Rubin and included Michelle Pang, Rose Wang and Christina Chen.

Nyca Partners
Khosla Ventures