StockViews Raises Funding to Invest in AI
24th July 2018
Level39 member StockViews announced it has completed another round of funding, in a round led by Fuel Ventures, to expand their Artificial Intelligence offering.
The platform, which produces rigorous equity research for asset managers, completed their second round of funding last year, raising £500,00. Sandeep Bathina, COO and Co-founder, is working on developing the AI technology and research tools to support Stockviews’ analysts.
Tom Beevers, CEO and Co-founder, said, “We are excited to have Fuel on board and look forward to working with them during this next phase of the company’s growth. This funding will help us to expand the number of in-depth investment ideas we make available to our growing client base.”
Fuel Ventures was founded in 2015 and invests mainly in the lucrative early stages of a business.
Mark Pearson, Managing Partner at Fuel Ventures, said, “We see a substantial opportunity for StockViews to disrupt the sell-side. Equity research is still done in a surprisingly traditional way, and to date there has been little appetite to adopt emergent technologies.”