Helix by HL, a Boulder, CO-based AI assistant focused on private market investing, raised $6 million in a Seed+ funding round at a post-money valuation of $26 million.
SaaS Investors
The funding round was led by FINTOP Capital.
FINTOP Capital is a venture capital firm headquartered in Nashville, Tennessee. The firm invests in the next generation of FinTech operators that change the way financial institutions and their customers move, track, and interact with money.
Helix by HL Use of Funds
The company will use the funds to accelerate product development and expand Helix's market presence.
About Helix by HL
Helix by HL is a generative AI assistant for the private markets industry. The platform is designed for future integration within wealth platforms and digital marketplaces. Helix provides data-centric information around private markets benchmarking, forecasting, and diligence and will help educate private wealth investors and their intermediaries on the asset class and current trends within the private markets. Helix by HL originally announced in June 2023, is a joint venture between TIFIN, and Hamilton Lane.
Funding Details
Company: TIFIN Group LLC
Raised: $6.0M
Round: Seed Round +
Funding Month: December 2023
Lead Investors: FINTOP Capital
Additional Investors:
Company Website: https://helixbyhl.com/
Software Category: Investment Assistant
Source: https://www.prnewswire.com/news-releases/ai-powered-alternative-investments-assistant-helix-by-hl-secures-6m-seed-funding-led-by-fintop-capital-302008303.html