Dominic Tully

Dominic Tully
Occupation	Entrepreneur, Co-founder and Chief Revenue Officer of Powder
Known for	Co-founding Powder, an AI document analysis platform for wealth advisors
Education	University of California, Berkeley, Haas School of Business

Dominic Tully is an American entrepreneur and co-founder and Chief Revenue Officer (CRO) of Powder, a financial technology company that develops artificial intelligence agents for document analysis in the wealth management industry. Powder participated in Y Combinator's Winter 2024 batch.

Career

Tully co-founded Powder alongside Kanishk Parashar. He serves as the company's Chief Revenue Officer, overseeing sales and operations. Tully completed his education at the University of California, Berkeley, Haas School of Business.

Powder was publicly introduced in November 2023 as an AI co-pilot designed to help wealth advisors streamline their manual sales processes and develop implementation plans for prospective clients. The company is headquartered in San Francisco, California, and had approximately six employees as of available reports.

The platform uses large language models (LLMs) to automate tasks that financial advisors traditionally perform manually. Powder's core product focuses on three main capabilities: a document parser for brokerage statements, tax returns, estate documents, 401(k) accounts, IRAs, private assets, balance sheets, insurance documents, and other financial records, which the company claims achieves over 99 percent accuracy; a meeting notetaker that captures personalized client insights from conversations; and a portfolio analysis tool that evaluates portfolio returns, risk, and fees to help advisors generate optimized proposals.

The company's stated mission is to democratize access to wealth through generative AI. Powder's tools are intended to save wealth advisors significant time in preparing sales proposals that are tailored to individual prospective clients, thereby improving their ability to win new business. The platform also offers an API, which has been adopted by financial technology firms; notably, the financial data platform Koyfin integrated Powder's API into its own product.

By mid-2024, Powder had expanded its product offering to include an AI chatbot feature, building on its initial launch as a document reader for advisors. As of September 2025, the company was actively hiring for engineering roles focused on AI agent development, indicating continued growth and product expansion.