AlphaClone Inc., a San Francisco, CA-based based provider of a platform to build alpha-seeking investment strategies, raised $2.25m in Series A financing.
The round was led by fintech-focused venture firm Operative Capital.
The company intends to use the funds to accelerate new product introductions and build out its marketing and sales operations.
Led by Maz Jadallah, President and CEO, Michael Carrier, newly named Chief Operating Officer, and Brad Bredemann, newly named Head of Sales and Distribution, AlphaClone is a registered investment advisor and equity research firm that is building accessible alpha-seeking investment strategies designed to adjust automatically based on pre-set rules to give investors the potential to outperform the broader market. The firm’s investment products and solutions are derived from institutional investor public disclosures and give investors direct access to the investment ideas of established hedge funds.
Investment research and strategies are available to investors through managed accounts and exchange-traded funds.