GeniosAI, maker of AI financial analysis software, secures $19.1 M seed and Series A funding; FactSet leads Series A.
| Source: Techmeme | Original article
GeniosAI, a developer of AI software for financial analysis and modeling, secured $19.1 million in seed and Series A funding, with FactSet leading the Series A round.
GeniosAI, a startup that builds artificial‑intelligence tools for financial analysis and modelling, announced a $19.1 million raise that spans its seed round and a Series A led by data‑analytics giant Fact Set. The funding, disclosed by Axios, marks the company’s first institutional backing and signals growing investor confidence in AI‑driven finance solutions.
The capital infusion will be used to accelerate product development and expand the firm’s go‑to‑market effort, aiming to embed its AI capabilities into the workflows of banks, asset managers and corporate finance teams. By automating data extraction, scenario testing and predictive modelling, GeniosAI hopes to cut the time analysts spend on routine calculations and improve the accuracy of forecasts. Fact Set’s participation underscores a broader trend of established financial data providers partnering with niche AI innovators to enrich their platforms.
The raise arrives as the fintech sector intensifies its search for scalable AI tools, following earlier advances such as the FinEvolveKG project that explored AI‑powered knowledge‑graph construction for finance. Observers will watch how GeniosAI leverages the new resources to differentiate its offering, whether it can secure additional enterprise contracts, and how Fact Set integrates the technology into its own suite. The next funding milestone or a major client win will be key indicators of the startup’s traction in a competitive market.
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