17 April 2024

Bridgewise closes $21mn funding round

Written By FinTech Alliance in FinTech

Bridgewise closes $21mn funding round

Bridgewise's completion of a $21mn funding round, brings its total capital raised to $35mn.

In brief:

- For this funding round Bridgewise chose investors from leading finance companies that can act as strategic partners in key regions.

- The company currently has clients and operations in over 15 countries including Australia, Brazil, Japan, Singapore, Switzerland, UAE, UK, US, and more. It will use the new funding to accelerate market penetration and growth.

- Bridgewise analyses fundamental data on over 90% of listed global securities, including stocks, and mutual funds. It also provides investment recommendations, a unique and regulated feature that has already been approved in the markets in which it operates.

What does this mean?

Gaby Diamant, Co-founder and CEO of Bridgewise, said, “This is a major milestone on our mission to close the knowledge and accessibility gap across the global capital markets. Our AI technology is uniquely positioned to provide the trustworthy analysis, recommendations, and support global investors need to make informed decisions. 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.”

Read more here.

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