Bridgewise, which has developed an AI-based analytics platform for global securities, announced the completion of a $21 million Series A funding round, bringing its total capital raised to $35 million. The round was led by SIX Group with participation from Group 11, L4 Venture Builder, and other global financial institutions. The company noted that it chose investors from well-known financial companies that can act as strategic partners in key regions, for example, with SIX Group, providing infrastructure for Swiss and Spanish financial centers. to drive.
BridgeWise’s AI-powered investment analysis works across exchanges, banks, trading platforms, investment houses, wealth advisors, and financial media and education platforms. The company currently has clients and operations in over 15 countries, including Australia, Brazil, Japan, Singapore, Switzerland, UAE, UK, US, and more.
“This is an important milestone on our mission to close the knowledge and access gap in global capital markets,” said Gaby Diamant, Bridgewise co-founder and CEO. “Our AI technology is uniquely positioned to provide the reliable analysis, recommendations, and support global investors need to make informed decisions.”
The BridgeWise platform provides a suite of products that include detailed AI-generated reports and on-demand analysis of any financial instrument or security, natural language AI conversational chat – Bridget, a robo-advisor that matches users’ current port Provides personalized recommendations based on folios, and more.
Bridgewise analyzes the underlying data of over 90% of listed global securities, including stocks and mutual funds. It also provides investment recommendations.
The company explained that its core technology rests on two pillars. The first is a machine learning algorithm trained on more than 20 years of historical data that analyzes more than 50,000 listed securities to provide a performance score for each. The other core technology is a proprietary Micro-Language Model (MLM)-based creative AI that creates easy-to-understand reports for each security in the reader’s preferred language.
Bridgewise was founded in 2019 by Gabriel Diamant, CEO. brothers Dore and Alegola, CBO and COO, respectively; and Mor Hazan, VP of Product. The company currently employs about 70 people, doubling the workforce when it raised a $13 million seed round in January 2023.