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PineGap.ai raises $2.5 million in seed round led by SVQuad and Inventus Capital to strengthen its equity research platform.

Apr 15, 2024over 1 year ago

Amount Raised

$2.5 Million

Round Type

seed

New YorkSaasArtificial Intelligence

Investors

Mohan KumarVetri VelloreMohit AronDe VcInventus CapitalSv Quad

Description

AI SaaS startup PineGap.ai has successfully raised $2.5 million in its seed round led by US-based investors SVQuad and Inventus Capital. The raised funds will be used to expedite product development and build the engineering team in Bengaluru and the US.

Company Information

Company

PineGap.ai

Location

New York, New York, United States

About

We are building an AI-powered equity research platform for Wall Street to help equity research analysts working in Hedge funds, Mutual funds, and Investment Banks, etc. interpret data & derive insights through deep reasoning from companies earning documents, powered by our own trained Pine-LLM.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers