
Powder
AI Agents for precise document analysis
Why it ranks #82
Powder, an AI document processor from YC W24, ranks #82 of 999 AI agents and #1 of 27 in Document processor, with a score of 4.8 of 10. Data as of .
The score adds four parts, each 0 to 10, by weight. Every point comes from public evidence. How scoring works ·
- Proof 2 × 30% 0.6
- Scale 5 × 30% 1.5
- Momentum 7 × 25% 1.8
- Autonomy 6 × 15% 0.9
- = 4.8
- 2
Proof
Do customers use it? 30% of the score
Claims a customer count.
- +2A customer count
“Today, \~40 wealth management firms representing $660B in client assets are already on the platform.”
Launch YC post · 13 Aug 2026 · 2 claims
Not found: revenue or growth (+4), named customers (+3), a customer result (+2), work done at scale (+2)
- +2
- 5
Scale
Is there a real company behind it? 30% of the score
6 people, raised $5.0M.
- +36 people on its YC page5 to 9 people
- +2Raised $5.0M (Seed)Wealthtech Startup Powder Raises $5M in Seed Funding | Wealth ManagementSource · 22 Jul 2024
- +3
- 7
Momentum
Is it shipping and growing now? 25% of the score
Shows a recent launch, hiring and a new claim.
- +3Launched in the last 6 monthsPlaybook — AI agents that run wealth management operationsLaunch YC post · 13 Aug 2026
- +2
- +2A new traction claim
“Today, \~40 wealth management firms representing $660B in client assets are already on the platform.”
Launch YC post · 13 Aug 2026
Not found: funding news in the last year (+2), a batch in the last year (it is YC Winter 2024) (+1)
- +3
- 6
Autonomy
How much of the job does it do on its own? 15% of the score
Supervised agent: takes actions in other systems; a person approves key steps.
- +6Level 2 of 4: Supervised agentTakes actions in other systems; a person approves key steps.
What the model read
- Acts in other systems: 25% likely
- Finishes whole tasks: 22% likely
- Calls itself an agent: 95% likely
- Level 1 from the model's reading of its pages; the evidence review found, with quotes, that its AI acts in the work, so the level is 2
Level 2: Takes actions in other systems; a person approves key steps.
- +6
About Powder
Powder is an AI tool that helps wealth advisors rapidly create sales proposals that are personalized for each prospective client. Using LLMs, Powder is able to automate a series of manual tasks such as understanding documents and conversations to create mind-blowing analysis that builds immediate trust.
Powder has 3 main features to automate sales workflows -
Read more
1. Brokerage, tax and estate document parser thats fast and accurate. 2. Meeting notetaker thats able to capture personalized insights. 3. Portfolio analysis tool that optimizes portfolio returns, risk and fees.
Our app saves hours of time and creates a pinpoint proposal that lifts a firm's ability to win new business.
Founders
- Kanishk ParasharFounder/CEO
- Soo Yung ChoFounder/CTO
- David GoerzFounder
- Dominic TullyFounder
Launches and news
- Playbook — AI agents that run wealth management operationsAI agents that discover, execute, and verify work for wealth management firms
- Wealthtech Startup Powder Raises $5M in Seed Funding | Wealth Management
- Introducing Powder: Generative AI Co-Analyst | Wealth Management
- Powder: Gen AI co-analyst that helps wealth advisors win new clientsWe automatically generate beautiful proposals that highlight an advisor's value prop
Alternatives in Document processor
The top Document processor agents by score, with Powder in its place.
- 1
PowderDocument processorW24AI Agents for precise document analysisProof2Scale5Momentum7Autonomy6Score4.8 - 2
ParsewiseDocument processorSp25Multi-document processing for your risk teams, AI agents, pipelinesProof3Scale3Momentum7Autonomy6Score4.4 - 3
StableDocument processorW20A virtual address + mailbox for businessProof0Scale5Momentum3Autonomy6Score3.2 - 4
Cardinal GrayDocument processorS23Automating lenders' interactions with the DMVProof2Scale3Momentum2Autonomy6Score2.9 - 5
ReformDocument processorW24AI Agents for high-stakes work.Proof0Scale4Momentum3Autonomy6Score2.8 - 6
CommodityAIDocument processorW24The AI operating system for commodity operationsProof2Scale3Momentum0Autonomy6Score2.4