On March 22, 2024, the New York, USA-based personal finance tracking app startup Copilot Money raised $6 million in Series A funding, led by Adjacent.
The company plans to use the raised funds to bring Copilot to all platforms and accelerate artificial intelligence and product development efforts.
Copilot Money was founded by Andres Ugarte in 2019 and launched the personal finance tracking app of the same name in 2020. The app is beautifully designed and available for Mac, iPhone, and iPad. It has been featured multiple times by the Apple App Store editors and was listed among the best apps of 2023. The app uses artificial intelligence and machine learning to help users better manage their personal finances, such as tracking expenses, budgets, investments, and net worth. Copilot currently already uses machine learning to personalize expense categorization, saving users time by cutting in half the number of transactions that need to be manually recategorized.
(News source:TechCrunch）