Israel Startup Raises $21 Million to Offer AI Investing Research

April 16, 2024, 2:13 AM UTC

Bridgewise, a startup that uses artificial intelligence to provide investment research for global securities, has raised $21 million in funding, as the finance industry expands its adoption of the technology.

The Tel-Aviv based startup uses machine-learning algorithms trained on historical data to provide investment analysis to brokerages, wealth advisors and exchanges such as Nasdaq, the London Stock Exchange and the Tel Aviv Stock Exchange. It’s also created a robo-advisor named Bridget that it claims can deliver on-demand research of any financial security, personalized for an individual or family office portfolio. The service works like ChatGPT, where users ...

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