FAI launched Owlytic, an AI-based financial hub, at the Microsoft for Startups offices in Tel Aviv on Thursday, July 2, 2026. The platform is designed for entrepreneurs, company executives and finance managers, bringing financial systems, data and processes into one workspace.
FAI presents Owlytic as a tool for managing financial information in real time, including payments, cash position, forecasts, payroll, cap tables and burn rate. Instead of relying on manual work across spreadsheets and disconnected systems, the platform is intended to provide a single view that updates continuously.
Participants at the launch included Ofir Ehrlich, CEO of EON; Eli Barda, senior partner and head of the technology practice at EY Israel; executives from HSBC and Valley Bank; Omer Koren, finance manager at Microsoft Israel; Maya Eisen-Tzafrir, CEO of LeumiTech; Michal Kissos of Discount Group; and Doron Latsar, partner and founder of Pearl Cohen Zedek Latzer Baratz.
Ehrlich said finance is a “business enabler” and that companies that fail to integrate AI into their financial operations will struggle to survive. Dana Alexandrovich, co-CEO of FAI, described the launch as part of an effort to shift financial management from manual work to real-time, data-driven operations.
FAI was founded in 2008 and provides outsourced financial management services to startups and growth companies, including CFO services, financial planning, FP&A, bookkeeping, payroll accounting and budget control.
