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Fortune
Fortune
Jessica Mathews

Former Brex duo raises $5 million for new, pre-revenue A.I. agent startup meant to help fintech teams scale

Two men wearing black t-shirts and smiling (Credit: Courtesy of Parcha AI)

AJ Asver, a product talent at Coinbase and later Brex, spent most of the A.I. Forward conference at the end of May putting the finishing touches on a demo. He was sitting next to venture capitalist Steve Jang during a talk by Bill Gates when Asver pulled out his laptop.

“He's whispering, and he goes: Let me show you this prototype,” says Jang, founder of early-stage venture capital firm Kindred Ventures.

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