Pinegap Raises $8M Series A

Pinegap, based in New York, a company that develops an AI-powered equity research platform for institutional investors, has announced the closing of an $8 million Series A funding round. This new capital follows the company's progress in automating workflows for buy-side analysts at hedge funds, mutual funds, and RIAs.

Investors

The funding round was led by Stellaris Venture Partners. Additional participating investors included existing backers Inventus, Silicon Valley Quad, and DeVC.

Pinegap Use of Funds

Pinegap intends to use the capital to scale its go-to-market and sales capabilities, grow its engineering team, and establish an in-house team comprised of former equity research analysts.

About Pinegap

Founded in 2024 by Ankit Varmani and Deepak Sharma, Pinegap provides a platform that creates custom AI agents tailored to specific investment styles, private data, and output formats of institutional clients. The company aims to automate repetitive equity research tasks to allow analysts to focus on higher-level investment judgment and decision-making.

Funding Details

Company Website: https://pinegap.ai

Company: Pinegap
Raised: $8M
Round: Series A
Funding Date: August 5, 2026
Lead Investor: Stellaris Venture Partners
Additional Investors: Inventus, Silicon Valley Quad, DeVC
Software Category: Financial Technology
Source: Pinegap