OpenAI Expands Financial AI Push With Acquisition Of Hiro Finance

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OpenAI has acquired personal finance startup Hiro Finance, though the terms of the deal have not been disclosed. 

The Hiro app has stopped accepting new users and will shut down on April 20, according to a LinkedIn post from founder Ethan Bloch. Existing users will have until May 13 to export their data before the service is fully discontinued. 

Investors in Hiro included General Catalyst Partners, Ribbit Capital, and Restive Investment Management. Together they raised $6.3 million in seed funding, according to Bloomberg.

Founded in 2023, Hiro Finance was an artificial intelligence-powered personal finance app that aimed to improve financial IQ through precise planning. Hiro focused on verifiable financial mathematics, allowing users to stress-test scenarios with high precision.

Bloch was also the founder …

Full story available on Benzinga.com

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