Parcha

Founding Account Executive

San Francisco, California, United States

$200,000 – $300,000Compensation
Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
AI & Machine Learning, Financial Services, Enterprise SoftwareIndustries

Requirements

Candidates should have 5+ years of enterprise software sales experience, ideally selling to banks, fintechs, or other financial institutions. A proven track record of exceeding quota and closing complex, multi-stakeholder enterprise deals is essential. Candidates must be comfortable selling to both technical and business stakeholders, with experience navigating security, privacy, and compliance requirements. Experience building a sales motion from scratch in an early-stage environment is required, along with a passion for AI/ML technology and proficiency with modern sales tools like Hubspot, Clay, and Koala.

Responsibilities

The Founding Account Executive will partner directly with founders to build and execute the enterprise sales playbook, owning the full sales cycle for strategic banking and fintech accounts. They will develop deep relationships with key stakeholders in the financial services industry and collaborate with product and engineering teams to translate customer feedback into product improvements. Additionally, they will help shape the sales operations infrastructure, implement best practices for pipeline management and forecasting, and build relationships with system integrators and technology partners to accelerate market penetration.

Skills

Enterprise Software Sales
Sales Cycle
Relationship Building
Stakeholder Management
Product Feedback
Sales Operations
Pipeline Management
Forecasting
Hubspot
Clay.Koala
AI/ML
Compliance
Risk Management

Parcha

AI solutions for onboarding and compliance

About Parcha

Parcha provides AI-driven solutions that help banks and fintech companies improve their onboarding processes and ensure compliance with regulations. Their products focus on document verification, risk management, and compliance, allowing clients to onboard customers more quickly while adhering to necessary standards. Key features include Real Time Document Remediation, High Risk Industry Screening, and Business Ownership Verification, which streamline the verification process. Parcha stands out from competitors by utilizing open-source intelligence and proprietary databases to deliver thorough risk assessments. The company's goal is to enable financial institutions to grow confidently by addressing inefficiencies in onboarding and compliance through tailored subscription-based services.

Key Metrics

San Francisco, CaliforniaHeadquarters
2020Year Founded
$4.9MTotal Funding
SEEDCompany Stage
Fintech, AI & Machine Learning, Financial ServicesIndustries
11-50Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Unlimited Paid Time Off
Stock Options
Relocation Assistance
Professional Development Budget

Risks

Increased competition from embedded compliance technologies like Treasure API.
Brand confusion with similar platforms like AI Office on GitHub.
Data privacy challenges from reliance on open-source intelligence.

Differentiation

Parcha offers AI-powered Real Time Document Remediation for efficient compliance.
The company specializes in High Risk Industry Screening for fintechs and banks.
Parcha uses proprietary databases for comprehensive risk assessments.

Upsides

Rising demand for AI-driven compliance solutions boosts Parcha's market potential.
Growing interest in real-time document verification enhances Parcha's onboarding efficiency.
Subscription-based models offer scalable revenue streams for Parcha.

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