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HomeFunding Boosted.ai Raises $10 Million Growth Capital from CIBC Innovation Banking

[Funding News] Boosted.ai Raises $10 Million Growth Capital from CIBC Innovation Banking

CIBC Innovation Banking has invested $10 million in growth capital to Boosted.ai, a Toronto-based company that uses AI to automate investment management processes and increase productivity. Boosted.ai will use the funds to invest in product development and sales expansion in the Canadian and US markets.

CIBC Innovation Banking has invested $10 million in growth capital to Boosted.ai, a Toronto-based company that uses AI to automate investment management processes and increase productivity. Boosted.ai will use the funds to invest in product development and sales expansion in the Canadian and US markets.

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Boosted.ai is an artificial intelligence company that puts quant tools in the investment manager’s hands. Boosted insights allow fundamental and quantitative investors to save time, improve portfolio metrics, and make better, data-driven decisions.

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“Paving the way for what’s possible in generative and agentic AI for investment management is an exciting challenge,” said Joshua Pantony, co-founder and CEO, Boosted.ai. “Our clients have asked to ‘put their brain in the machine’ since we started in 2017. Allowing our customers to create AI analysts that think like them will help us continue to deliver on our promise to simplify the lives of asset managers. We are pleased to work with CIBC Innovation Banking to continue scaling our growth.”

Boosted.ai helps asset managers energise their equity portfolios with artificial intelligence. Using Boosted Insights—our point-and-click AI software—investment managers can seize on the strength of big data, the advanced processing power and speed of AI, and their own capital markets expertise to find ways to slash hours from their research process, improve portfolio metrics, and have a holistic view of what affects their portfolio.

“We’re really excited to work with Boosted.ai as it helps institutional investors and investment advisors find efficiency gains in a world where we all must optimise,” said Eric Laflamme, Managing Director in CIBC Innovation Banking. “Boosted.ai is using AI to read millions of financial documents, automating their clients’ workflows and saving them staggering amounts of time.”

About Boosted.ai

Founded in 2017, Boosted.ai is how investment managers work smarter. Generative AI built specifically for capital markets provides analytics across millions of data points through a macroeconomic, microeconomic, and portfolio construction lens, giving asset managers the actionable insights they need.

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