InterGen Data, Inc., a Dallas, TX-based AI-driven technology provider of proprietary AI software solutions and machine learning algorithms for banking, wealth management, insurance and fintech companies, closed an $800k seed funding round.
Stan Thomas participated in the round.
The company intends to use the funds to further expand the platform, accelerate the development of additional life events, and develop new integrations with several large custodial platforms and fintech companies focused on financial planning, risk management, and portfolio management & accounting systems.
Led by Robert J. Kirk, founder and CEO, InterGen Data builds AI-driven technology that allows companies to identify when their clients are likely to have an important life event occur – including what that event could be and how much of a financial impact that it could represent.
The company’s technology allows financial professionals to identify the major gaps that exist in current financial planning software tools. InterGen Data Life Stage / Life Event Algorithm (LSLE) parses over 320 million attributes of U.S. data across a 10-year period to glean insights into the 12 most-probable life events and their economic impact. Its API driven business model allows app developers to aggregate InterGen’s proprietary intelligence within their own platforms on a subscription basis.