Our Story
Mazlo was incorporated on February 6, 2022, in San Francisco, California — founded with a singular conviction: build a SaaS platform that gives nonprofits and fiscal sponsors the financial infrastructure they deserve, as powerful as any for-profit company, without the complexity, cost, or compromise. The company emerged from firsthand observation of the financial operating challenges faced by nonprofit organizations: fragmented systems, manual reconciliation, compliance anxiety, and spending opacity that collectively consume thousands of staff hours every year and divert precious capacity away from mission delivery.
The reality confronting most nonprofit finance teams is stark. Accounting software designed for small businesses cannot handle fund accounting. Banking products designed for individuals cannot support multi-project sub-accounts. Compliance reporting requires manual assembly from disconnected sources. The result is a sector-wide patchwork of spreadsheets, disconnected bank accounts, and outdated software that creates unnecessary risk while wasting organizational capacity that should be directed toward impact.
Our founder, Kian Alavi, spent years working at the intersection of fintech and the social sector before identifying the core problem. He worked closely with fiscal sponsors, community development financial institutions, and nonprofit financial consultancies across the United States, developing hands-on insight into the real-world constraints that drive nonprofit finance teams toward inefficient workarounds. What he found was consistent: the sector lacked a purpose-built financial operating system that understood fund accounting, grant management, and fiscal sponsorship as native architectural requirements — not afterthoughts bolted onto tools designed for a different context entirely.
Mazlo was built to change that. From the first line of code, every product decision has been guided by a single question: does this make life meaningfully easier for nonprofit finance teams and the mission-driven communities that depend on them? That question continues to drive our roadmap, our support philosophy, and the way we build relationships with every organization we serve.