Boosted.ai, a distributed machine learning platform for investment managers, has closed an $8 million USD Series A financing round, led by Portag3 Ventures. Dunamu & Partners and Polar Equity Partners also participated in the round. Inclusive of seed capital, Boosted.ai’s total funding now stands at $11 million. Boosted.ai will use the funding to enhance Boosted Insights, its proprietary machine learning platform that empowers portfolio managers, analysts and chief investment officers to augment their existing investment processes, source new ideas and manage risks. Co-founded in 2017 by Joshua Pantony, Jon Dorando and Nicholas Abe, Boosted.ai currently has more than a dozen active clients.
A-Team Insight Briefs
Upcoming Webinar: Data Science & Analytics – New approaches and capabilities for driving business driven analytics
Date: 12 November 2020 Time: 10:00am ET / 3:00pm London / 4:00pm CET As the focus on data and analytics strategy sharpens financial institutions are under pressure to maximise the insight they can derive from their data. However with data spread across multiple silos and in unstructured formats, embedding analytics into business processes across the...
VendEx Solutions’ partnership with New York-based West Highland Support Services (WHSS) – announced this month – will allow both companies to market the superset of their combined offerings in financial data management, with a particular emphasis on market data. VendEx is seeking to shake up the market data inventory management space with its SaaS-based offerings....
Data Management Summit USA Virtual will explore how sell side and buy side financial institutions are navigating the global crisis and adapting their data strategies to manage in today’s new normal environment.
High-profile and punitive penalties handed out to large financial institutions for non-compliance with Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations have catapulted entity data management up the business agenda. So, too, have industry and government reports on the staggering sums of money laundered on a global basis. Less apparent, but equally important, are...