BOB Raises $5.5 Million for AI Finance Assistant
BOB has raised $5.5 million in seed funding to expand its AI finance assistant for small businesses, according to Refresh Miami. The round was led by Mischief Ventures, with participation from Peter Thiel, Codie Sanchez, Mark Pincus, Karman Ventures and other investors.
BOB performs finance tasks through WhatsApp, text messages, Slack, Microsoft Teams, email and its own app. It maintains financial records, sends bills, accepts payments and provides cash flow information.
The Miami company launched a private beta last month and says 500 businesses have signed up. It plans to use the funding to add product capabilities, expand customer onboarding and hire staff in Miami. BOB has a team of 10 people.
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