Bridgewise, a pioneering startup specializing in AI-driven analysis for global securities, has announced a significant milestone in its growth journey with the successful closure of a $21 million Series A funding round. This latest infusion of capital, led by SIX Group, a prominent player in financial infrastructure, brings Bridgewise’s total raised funds to $35 million.
The funding round saw participation from various distinguished investors, including Group 11, L4 Venture Builder, and several other leading financial institutions. Bridgewise strategically chose investors with a deep understanding of global finance, aiming to forge valuable partnerships in critical regions. Notably, SIX Group’s involvement underscores its role in providing infrastructure support for financial centers in Switzerland and Spain.
“This is a major milestone in our mission to close the knowledge and accessibility gap across the global capital markets,” remarked Gaby Diamant, Co-founder and CEO of Bridgewise. “Our AI technology is uniquely positioned to provide the trustworthy analysis, recommendations, and support global investors need to make informed decisions.”
A Growing International Powerhouse
Founded in 2019 by Gabriel Diamant and brothers Dor and Or Eligula, along with Mor Hazan, Bridgewise has rapidly emerged as a go-to platform for AI-driven investment analysis. The company’s comprehensive suite of offerings caters to a diverse clientele spanning exchanges, banks, investment houses, and financial media outlets across over 15 countries, including the US, UK, Japan, and the UAE.
“I’m thrilled to see Bridgewise taking this next step in their journey. The team has a clear vision and is leading the way for AI in capital markets,” says Dovi Frances, Founding Partner at Group 11, “I look forward to seeing what 2024 has in store.”
Bridgewise has been actively expanding its global footprint, with a recent focus on the Asia Pacific region. The establishment of its Asia Pacific headquarters in Singapore and the appointment of industry veteran Kelvin Phua as General Manager underscores the company’s commitment to serving the region’s burgeoning financial landscape. Bridgewise’s presence in Singapore has facilitated strategic partnerships and customer acquisitions across markets such as Hong Kong, India, and Japan.
A Unique AI-Backed Financial Tool
Central to Bridgewise’s platform is its innovative AI technology, which leverages machine learning algorithms trained on more than two decades of historical data. This robust framework enables Bridgewise to analyze fundamental data on over 90% of listed global securities, offering investment recommendations and personalized insights to users.
“With AI at its core, Bridgewise equips professional and retail investors with essential tools for informed decisions,” says Bjørn Sibbern, Global Head of Exchanges at SIX, “Together, we’re driving innovation and empowering our customers across various geographies and in our home markets to stay competitive.”
It also features a unique investment recommendation feature, which has been approved by regulatory bodies in the areas where it operates, further solidifying its position as a trusted provider of financial intelligence.
With a workforce that has doubled since its initial Seed round in January 2023, Bridgewise continues to innovate and expand its offerings. It is driven by a steadfast commitment to empowering investors worldwide with AI-driven insights and analysis.
