KP

Kanishk Parashar

Co-Founder and CEO @ Powder(YCW24)

Los Altos, California

Education

Work Experience

2023

  • co-founder / CEO

    2023

    Powder is a seed stage startup built to solve a specific challenge for wealth management firms: helping advisors tackle laborious/manual document processing tasks. For many RIA advisors, interacting with their clients comes naturally, but the work behind the scene takes up a lot of their time. The more a firm grows, the more it gets slowed down by manual tasks. This is where we help. We built Powder to automate document processing at a firm to allow advisors to: 1. Win more clients by quickly and accurately understanding a prospect's assets (pdfs, scans, decks and xls). We integrate with major financial planning and portfolio analytics platforms. 2. Effortlessly bring in held-away assets into your portfolio management systems. Powder's AI agents remove 95% of the manual work needed to process your documents while keeping accuracy over 99%. We don't look at ourselves as a service, but more of a partnership to help you scale faster, smarter, and with clarity. We work with over 40+ RIAs, majority that manage over $5B+ in assets. If you're ready to level up, go to https://www.powderfi.com/book-a-demo, and let's build.

2016

  • Angel Investor

    2016

    Early stage investor and advisor

2021 - 2022

  • TBD Strategic Development Director

    2021 - 2022

    As part of a new Block business unit that is aimed at the world of web3, I helped develop the initial product strategy of building decentralized, trustless on/off ramps. White Paper - https://tbdex.io/whitepaper.pdf

2021 - 2021

  • Advisor

    2021 - 2021

  • Senior Director of Product Management

    2021 - 2021

    After the acquisition, continued to manage Addepar Navigator's engineering, product and design teams under the umbrella of Addepar. The adoption of Navigator has accelerated after the Addepar merger with nearly 200 new customers and counting.

  • co-founder and CEO (acquired by Addepar)

    2017 - 2021

    As CEO and Product Lead of RCI, we developed a private asset (private stock, PE, etc) commitment forecasting software that projects liquidity, cashflows, asset allocation, and returns at a total portfolio level. To create a product market fit, we collaborated closely with some of the most influential large asset allocators such as Australian Super, CBUS and Coal Pension. Post acquisition by Addepar, Addepar Navigator is now in use by 30+ family offices across the world.

2012 - 2016

  • Founder/CEO (acquired by Fitbit)

    2012 - 2016

2011 - 2012

  • Senior Manager

    2011 - 2012

    Leading Nextag's Mobile development and product team. Specializing in iOS and Android.

2010 - 2010

  • Engineering Manager

    2010 - 2010

2005 - 2008

  • Manager, Software Development

    2005 - 2008

    Focused on Engineering Productivity. My team's job is to make the PayPal engineering organization a well oiled machine.

2003 - 2005

  • Senior Software Engineer

    2003 - 2005