Sibli (formerly Responsibi), a Toronto, Canada-based company transforming the investment research process using AI, has raised $4.5 million in seed funding.  

SaaS Investors 

The round was led by Staircase Ventures, spearheaded by Janet Bannister. Other participants include The Group Ventures, Burst Capital, MaRS IAF, and private investors.   

Founded in 2023, Staircase Ventures is a venture capital firm based in Toronto, Ontario. Staircase offers a 5-pillar Founder Development Platform, a first-of-its-kind offering to accelerate founders' development and help them perform at their best. The firm is focused on leading seed-stage rounds into Canadian-based B2B software companies.  

Sibli Use of Funds 

The funding will accelerate technology development, expand data access, and bolster computing power to fuel growth.  

About Sibli  

Founded in 2021, Sibli is a firm that uses artificial intelligence to transform the investment research process. Sibli technology uses the most recent advances in NLP and generative AI to handle massive volumes of unstructured data, extract meaningful insights, and provide them to fundamental and quantitative asset managers. The Sibli technology leverages the latest advancements in NLP and generative AI to process vast amounts of unstructured data, find relevant insights, and deliver them for use by fundamental and quantitative asset managers. By using the technology, institutional investors are able to secure an information advantage and improve their decision-making, resulting in improved efficiency and performance.  

Funding Details    

Company: SR AI Inc.  

Raised: $4.5M            

Round: Seed Round  

Funding Month: February 2024                            

Lead Investors: Staircase Ventures  

Additional Investors: The Group Ventures, Burst Capital, MaRS IAF  

Company Website: https://sibli.ai/   

Software Category: Investment Research

Source: https://www.prweb.com/releases/sibli-closes-4-5m-seed-round-led-by-staircase-ventures-302059262.html