Sentieo, a San Francisco, CA-based financial research platform, raised $6m in funding.
The round was led by Clocktower Ventures and Long Focus Capital, with participation from angel investors Thomson Financial CEO David Flaschen, StockTwits Founder Howard Lindzon, Adobe CPO Scott Belsky, Moat President Aniq Rahman, and top executives from leading investment managers.
The company will use the new capital to expand its platform offerings and accelerate global growth.
Launched in late 2015 and led by Alap Shah, CEO, and Chief Operating Officer David Lichtblau, Sentieo organizes the world’s financial information to allow investment teams to search financial data, manage documents, and collaborate in a secure cloud-based platform.
The system processes over 20 million financial documents from over 64,000 global companies to deliver information in seconds using natural language processing algorithms. Its integrated research management system streamlines search, document management, and collaboration for financial teams.
The company currently serves over 450 clients, including five of the world’s top ten hedge funds, Fortune 500 corporations, investment banks, and other asset managers. It has over 130 employees in San Francisco, New York, and New Delhi, India.