Bridgewise, a London, UK-based provider of an AI-based analysis platform for global securities, raised $21M in funding.
The round was led by SIX Group with participation from Group11, L4 Venture Builder, and others
The company intend to use the funds to accelerate market penetration and growth.
Led by CEO Gaby Diamant, Bridgewise has developed proprietary AI-based technology and language models to provide comprehensive insights into global stocks and securities. Its platform delivers a suite of products for the needs of financial institutions and service providers. These include detailed AI generated reports and on-demand analysis of any financial instrument or security, a natural-language AI conversational chat – Bridget™, a robo advisor that provides personal recommendations based on users existing portfolios, and more. It has over 50 institutional clients spanning 15 countries, and over 10 million analyses has been delivered in 22 languages.
Commenting on the news, Gaby Diamant said: “This is a major milestone on our mission to close the knowledge and accessibility gap across the global capital markets. Our AI technology is uniquely positioned to provide the trustworthy analysis, recommendations, and support global investors need to make informed decisions. With partners such as SIX, Group 11, and L4VB on board we have the tools we need to deliver significantly upgraded insights across the globe, empowering investors in any language, in any market. This new funding is an opportunity to deliver on our promise to our customers, and our responsibility to the industry as a whole.”
FinSMEs
16/04/2024