OpenAI has acquired personal finance startup Hiro Finance. The startup was backed by A-list fintech VC firm Ribbit, as well as General Catalyst and Restive. Terms of the acquisition were not disclosed, nor did Hiro ever disclose how much money it raised. Since Hiro said it will be shutting down its operations on April 20 and deleting all data from its servers on May 13, we’re going to call this an acqui-hire. Bloch said in his post that Hiro employees are coming with him to OpenAI. The company was founded in 2024 and launched its AI tool about five months ago. Hiro offered AI-powered financial planning for consumers. Users entered financial information like salary, debts, and monthly costs and the app modeled different what-if scenarios to help them make financial decisions.
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