Aleph Raises $29 Million in Series B

Aleph, a New York-based AI-native FP&A platform, has raised $29 million in a Series B funding round.

The round was led by Khosla Ventures, with participation from Picus Capital, Bain Capital Ventures, and Y Combinator.

Khosla Ventures is a private venture capital firm based in Menlo Park, California. The firm focuses on investments in artificial intelligence, financial services, healthcare, consumer, enterprise, and sustainability.

The company will use the funding to expand its AI-driven FP&A capabilities, scale its platform, and strengthen its category leadership.

Founded in 2020, Aleph is an AI-native FP&A platform that is transforming how finance teams access and work with their financial data by combining the power of a web-based platform, the flexibility of spreadsheets, and the intelligence of AI. It empowers finance teams to make better, faster decisions and focus on the strategic work they were hired to do. Aleph serves companies such as Zapier, Turo, Harvey, and Chess.com. Headquartered in New York, Aleph continues to grow rapidly.

Funding Details

Company: Aleph Labs, Inc.

Raised: $29.0M

Round: Series B

Funding Date: September 2025

Lead Investor: Khosla Ventures

Additional Investors: Picus Capital, Bain Capital Ventures, Y Combinator

Company Website: https://www.getaleph.com/

Software Category: Financial Planning & Analysis (FP&A) / AI in Finance