Les Dye
FounderLes is a Stanford engineer. Decades in inverse modeling, high-performance computing, machine learning, and computational fluid dynamics. Founded companies in reservoir simulation, high-frequency trading, and portfolio analytics.
We started with a stubborn problem: a bank statement stuck in a PDF should become clean data, not an hour of typing. That was BadBank.ai.
Tens of thousands of statements, in 36+ currencies. It was never a full accounting engine — it was the first mile. FinStat is the engine that mile was pointing at. Same people. Patents pending since 2024.
AI accounting is not an accounting problem. It is an AI problem, an advanced-mathematics problem, a software-architecture problem, and an engineering problem. Text completion cannot keep a ledger. Balanced entries, closed periods, and source-tied numbers have to be properties of the system. A chart of accounts is a model; your reports are projections of the same transactions. You stay in the AI you already use. FinStat holds the ledger.
