AI agents for CFO and finance teams
HQ: San Francisco, CA / Miami, FL | Founded: 2022 | Employees: 4 | Stage: Shut Down (2026) | Website: https://finnt.com
Finnt was a company building AI agents for CFO and finance teams. The platform automated controllership and accounting procedures — manual data entry, bank reconciliation, journal preparation, and financial reporting — delivering ERP-ready outputs with audit trails and commentary in under 5 minutes. Founded in 2022 by Anji Ismail (CEO) and Faouzi El Yagoubi (CTO). Ismail was previously Director of Product at Welcome (acquired by Optimizely) and co-founded Varanida (blockchain ad infrastructure). El Yagoubi was Director of Energy at OVAVI and worked at Michelin. The duo had previously co-founded DOZ, a marketing SaaS platform. YC Winter 2022 batch. Initially built a DeFi cross-border savings app, raised $3.5M seed from Khosla Ventures and YC, then pivoted to AI agents for enterprise finance. Rebuilt product from scratch in 2024-2025, gained Fortune 500 customers. In May 2026, founder announced Finnt was shut down — the company had gotten close to raising a Series A, converting enterprise contracts, and an acquisition, but none closed in time. HQ in San Francisco with an office in Miami.
Finnt went through a dramatic journey: started as a DeFi cross-border savings app (YC W22), raised $4M from top VCs, then pivoted to AI agents for finance teams. The rebuilt product gained Fortune 500 traction. However, founder Anji Ismail announced the shutdown in May 2026, citing failure to raise the next round and convert enterprise pipeline to ARR. The team got 'close' but couldn't close. Demonstrates the difficulty of enterprise sales for AI finance tools and the risk of multi-pivot startups.
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