By VC News Daily

NEW YORK, NY, Brightwave, the AI-powered research assistant that generates insightful, trustworthy financial analysis on any subject, today announced $6 million in seed funding.

The round was led by Decibel Partners, with backing from Point72 Ventures, Moonfire Ventures, and angel investors including executives from OpenAI, Databricks, Uber, and LinkedIn. Founded by engineers with deep knowledge in AI and finance infrastructure, co-founders Mike Conover and Brandon Kotara have over 20 years of combined experience building AI and machine learning products.

Brightwave is the AI research assistant that generates insightful, trustworthy financial analysis on any subject. Brightwave’s purpose-built AI systems synthesize insights across an expansive universe of content, enabling financial professionals to accelerate research workflows, improve investment theses, and step into every interaction prepared to lead with a sophisticated view. With assets under management totaling more than $120B, Brightwave’s growing customer base spans diverse funds, firms and strategies, ranging from owner-operated RIA’s to $20B crossover hedge funds whose trades move global markets. Founded by engineers with deep expertise in AI and finance infrastructure, Brightwave’s leadership team has decades of experience building systems responsible for handling the world’s most sensitive and mission critical data.

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Source: VC News Daily