Causality Link, a Salt Lake City, UT-based advanced, artificial intelligence (AI)-driven investment technology provider, raised $5m in Series A funding.
The round was led by Horizon, a French family office. On conjunction with the funding, Jean-Baptiste Duzan, the manager of the family office and a former Renault-Nissan executive, will join the Causality Link advisory board.
The company intends to use the funds to accelerate international operations, innovate with new technology and increase the products and services we deliver to customers.
Led by Pierre Haren, CEO, Causality Link provides an AI-powered research platform that extracts the knowledge contained within millions of documents and other text-based sources to provide investors and analysts with an improved perspective on companies, industries and macroeconomic drivers. By aggregating explicitly stated cause-and-effect relationships between market indicators and company key performance indicators (KPIs), the platform provides clients with precise insights and forecasts.