AgentSmyth Raises $2.5M in Seed Funding

AgentSmyth, a NYC-based agent technology startup, raised $2.5M in Seed funding.

Backers included Michael Rafferty, CEO of Rafferty Holdings and investor in fintech companies, and Craig Milias, former portfolio manager of Platte River Capital.

The company intends to use the funds to expand operations and development efforts.

Led by Pulkit Jaiswal, and Wall Street veterans Daniel McCooey and Mike Block, AgentSmyth is a financial-sector automation technology solutions provider. The company utilizes expertise in equity trading and LLM methodologies to offer advanced decision-making tools. These AI agents act as specialized team members, helping with macro research, with expertise at both the ticker and sector levels, and monitoring of unusual option flow analysis, all while delivering tick-by-tick narratives.

Commenting on the news, Pulkit Jaiswal said: “In a world increasingly influenced by generative AI, the advantage lies not only in having extensive data sets but also in the ability to pose intelligent questions to extract valuable insights. This is particularly vital in finance, where the depth of inquiry shapes the caliber of data-driven decisions. AgentSmyth aims to be the essential tool for financial professionals, providing automated, context-sensitive financial information analysis.”

FinSMEs

18/04/2024