Sohaib Zahid, CEO and Co-Founder of Railz: $15 Million Raised to Build to Accounting Data as a Service Category

In today's episode of Category Visionaries, we speak with Sohaib Zahid, CEO and Co-Founder of Railz, an accounting data platform that's raised over $15 Million in funding, about why the future of finance needs access to data, and how they make sense of it for their customers. By connecting to major accounting, banking, and eCommerce platforms to provide quick access to normalized and analyzed financial data on small and medium-sized customers, Railz helps their clients make the right business-focused decisions in real-time.

We also speak about Sohaib’s background in the medical field and how he made the transition to the tech economy through the world of hardware, new data tools transforming the financial sector, why analysis and not access has been holding it back for so long, and the vital importance of integrating trust at every level of business.

Topics Discussed:

• Sohaib’s background in med school and what career trajectories look like for your typical ‘Asian kid’


• How he worked his way through a range of businesses before landing as the founder of Railz


• The new data technology transforming the world of financial decision making


• Why analysis, not access, has been holding back the finance sector, and how Railz is bringing a new depth and scope of understanding to the industry


• How building trust into the way your business functions operates at multiple levels between team, product, and customer


• Why small business’ decisions should be based on comprehensive analysis of the entire growth cycle

Favorite book: 

The Alchemist