Brightwave Scores M Series A Round

NEW YORK, NY, Brightwave, the leading AI financial research platform, today announced the close of its $15 million Series A funding round.

Led by Decibel Partners with participation from OMERS Ventures, this round brings Brightwave’s total funding to $21 million following an oversubscribed Seed round in June. In addition to its impressive fundraising, Brightwave has achieved 4x revenue growth in the four months since the announcement of its seed funding.

Brightwave is the leading AI platform for financial services, delivering accurate and insightful financial research that enables finance professionals to make better decisions faster. Its purpose-built AI systems synthesize insights across thousands of pages of primary sources – including SEC filings, earnings calls, web content, sell-side research, and proprietary knowledge bases – to automate the most tedious parts of investing workflows and help users spot opportunities others have missed. Founded by engineers with deep expertise in AI and financial infrastructure, Brightwave’s leadership team brings decades of experience building systems that handle the world’s most sensitive and mission-critical data.

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By VC News Daily

Source: VC News Daily