Bridgewise, an AI-based analysis platform for global securities, has raised US$21 million in a new funding round, bringing its total funds raised to US$35 million.
This investment round was led by SIX Group and joined by Group11 and L4 Venture Builder among other financial institutions.
Bridgewise offers a range of products tailored to the needs of financial institutions, featuring AI-generated reports and analyses of various financial instruments, and a personalised robo-advisor among other services.
With operations in over 15 countries and serving a diverse client base that includes exchanges, banks, and financial advisors, Bridgewise plans to utilise the new funds to expand its market reach globally and further develop its proprietary AI technology.
Recently, Bridgewise opened its Asia Pacific headquarters in Singapore, with the hiring of fintech veteran Kelvin Phua as the regional General Manager.
The Singapore office is intended to function as a central hub, offering specialised solutions for the Asia Pacific market including regions like Hong Kong, India, Japan, and Singapore.
Additionally, the company has broadened its Asian presence by establishing an office in Tokyo.
Gaby Diamant
Gaby Diamant, Co-founder and CEO of Bridgewise said,
“With partners such as SIX, Group 11, and L4VB on board we have the tools we need to deliver significantly upgraded insights across the globe, empowering investors in any language, in any market.
This new funding is an opportunity to deliver on our promise to our customers, and our responsibility to the industry as a whole.”
Bjørn Sibbern
Bjørn Sibbern, Global Head of Exchanges at SIX, said,
“Our investment in Bridgewise signifies our commitment to innovation and the future of finance.
With AI at its core, Bridgewise equips professional and retail investors with essential tools for informed decisions.”
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- Source: https://fintechnews.sg/94645/funding/bridgewise-lands-us21m-funding-led-by-six-group/
