Bridgewise, a Singapore-based AI-based analysis platform for global securities, has raised $21 million in a funding round, bringing its total capital raised to $35 million.
Investors
The round was led by SIX Group with participation from Group11 and L4 Venture Builder, along with other global financial institutions.
SIX Group is a provider of financial market infrastructure solutions offering services associated with stock market transactions, securities services, financial information, and cashless payment transactions.
Bridgewise Use of Funds
The company will use the new funding to further accelerate the expansion of its global presence and support the development of its proprietary AI technology.
About Bridgewise
Founded in 2019, Bridgewise is a financial research technology company that provides AI-driven investment analysis serving exchanges, banks, trading platforms, investment houses, wealth advisors, and financial media & education platforms. The company's platform delivers a suite of products 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. The company currently has clients and operations in over 15 countries, including Australia, Brazil, Japan, Singapore, Switzerland, UAE, the UK, the US, and more.
Funding Details
Company: Bridgewise Analytics Ltd.
Raised: $21.0M
Round: Seed Round
Funding Month: April 2024
Lead Investors: Six Group
Additional Investors: Group11, L4 Venture Builder
Company Website: https://bridgewise.com/
Software Category: Financial
Source: https://www.prnewswire.com/apac/news-releases/bridgewise-secures-21-million-in-new-funding-to-support-the-global-expansion-of-its-ai-powered-financial-intelligence-platform-for-global-securities-302117416.html