Kensho Receives $15M Investment

Kensho, a Cambridge, MA-based analytics platform for investment professionals that answers millions of permutations of complex financial questions, Kensho, closed a $15m investment round.

Goldman Sachs has led the round and entered a strategic partnership to use the company’s real-time statistical computing and analytics technology across the firm. In conjunction with the funding, Rana Yared, Managing Director in the Securities Division at Goldman Sachs, joined its board of directors while Don Duet, global co-head of Goldman Sachs’ Technology Division, will join Kensho’s Advisory Board.

automating previously human-intensive knowledge work by harnessing massively-parallel statistical computing, user-friendly visual interfaces and breakthroughs in unstructured data engineering.

Led by Daniel Nadler, CEO, Kensho provides financial institutions with statistical computing systems and scalable analytics capable of answering complex financial questions posed in plain English, and in real-time.
It was founded out of MIT and Harvard in 2013.

FinSMEs

24/11/2014

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