AI Powered Sentieo raises $19 million in Series A

New Delhi and San Francisco based financial research startup Sentieo, has now secured $140 Crore in the funding round of Series A which is led by the Centana Growth partners. Some of the other existing investors also participated in the round.

The company will be going to use the funds for the expansion of its global footprint and development of its product.

The company was founded and led by the two American brothers Naman Shah and Alap Shah in the year 2015. The company provides an investment research platform which will leverage AI and Natural Language Processing to give some of the better financial insights by analyzing the financial documents and data sets.

The AI-powered startup has now had a client’s base of more than 700, which enables to deliver the high quality of service with the data analytics platform.

“Some of the best investors in the world rely on Sentieo’s software platform on a daily basis, and we are thrilled to support the Sentieo team as they continue to focus on innovative product development and expansion of their impressive global customer base,” added Tom Davis, Principal at Centana Growth Partners.

From the last two year, the company has doubled its clients, employee and has also got some of the prestigious industry awards.

Some of its clients include the Longhorn, Crosslink Capital, Honeycomb Asset Management and Magellan.

The company has also raised around $6 Million in the March 2018, in its first round of funding by the CLOCKTower Technology Ventures and Long Focus Capital.

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Written by Udit Agarwal

Startup/Tech News Correspondent, Responsible for gathering information on the tech companies working on IOT, AI, ML, Cloud, Mobile Technologies,

Udit can be reached at [email protected]

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