Punchcard — Startup Profile

Agentive assurance system for auditors

HQ: Provo, UT | Founded: 2023 | Employees: 5 | Stage: Seed | Website: https://punchcard.com

About

Punchcard (formerly Agentive) is an AI-powered assurance system for auditors, risk consultants, and clients. Purpose-built for financial statement audits and SOX control programs. AI agents perform testing procedures from natural language instructions. Handles audit planning, client document requests, evidence testing, workpaper documentation. Founded by Daniel Alberson (CEO, ex-EY auditor, ex-Meta PM) and Nathan Turnbow (CTO). YC S23. Backed by YC, Dell Technologies Capital, Foundation Capital, General Catalyst, Liquid 2, Ritual Capital. SOC 2 certified. ~$6M ARR. Provo, UT.

The Take

Impressive traction (~$6M ARR with 5 employees) from ex-EY/Meta founder. AI agents for audit evidence testing. Strong investor syndicate (YC, Dell Technologies Capital, Foundation Capital, General Catalyst). Rebranded from Agentive to Punchcard for clearer positioning.

Key People

Daniel Alberson
Nathan Turnbow

Key Competitors

Timeline Highlights

2026: ~$6M ARR
2025: Rebranded to Punchcard
2023-07: YC S23 batch
2023: Founded as Agentive

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