Brightwave, a AI-powered research assistant that generates financial analysis on any subject, secures $6million in seed funding. Decibel Partners led the investment, which also included executives from OpenAI, Databricks, Uber, LinkedIn, and Point72 Ventures and Moonfire Ventures as angel investors.
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The money will be used by the business to grow both its operations and growth initiatives. A financial analysis on any topic can be generated by Brightwave, an AI research assistant service that was co-founded by Mike Conover and Brandon Kotara.
Its custom AI technologies combine insights from a vast body of content, allowing financial professionals to strengthen investing theses, expedite research workflows, and enter every contact with a nuanced perspective.
Mike Conniver said: “Artificial intelligence is a force multiplier for financial professionals, and Brightwave is explicitly designed to act as a partner in thought. In addition to fundamental technical advances, we’ve taken a unique approach to product that enables Brightwave users to interactively direct the attention of an AI assistant, allowing them to blend domain expertise with the capabilities of a system that can process information hundreds of times faster and more comprehensively than any person.”
About Brightwave
Brightwave is an artificial intelligence research helper that produces reliable and perceptive financial analysis on any topic. A vast collection of hundreds of millions of documents, including breaking news, SEC filings, earnings call transcripts, sell-side research, market data, enterprise knowledge base content, and high-signal, long-tail content from the public internet, are gathered and trained upon by it’s proprietary AI systems.
