What is Boosted.ai?
Boosted.ai operates at the intersection of artificial intelligence and quantitative finance. Its flagship platform, Boosted Insights, serves as a sophisticated toolset designed to empower both fundamental and quantitative investment managers. By integrating machine learning into the investment lifecycle, the company enables users to optimize portfolio metrics, reduce time-intensive research, and execute data-driven decisions with greater precision. As the financial sector increasingly pivots toward algorithmic efficiency, Boosted.ai remains a pivotal player in the digital transformation of asset management, providing the necessary infrastructure for firms to maintain a competitive edge in volatile markets.
How much funding has Boosted.ai raised?
Boosted.ai has raised a total of $60M across 3 funding rounds:
Series B
$35M
Debt
$10M
Other Financing Round
$15M
Series B (2022): $35M with participation from Spark Capital and Ten Coves Capital
Debt (2024): $10M led by CIBC INNOVATION BANKING
Other Financing Round (2024): $15M supported by Fidelity Investments Canada, RBC, Ten Coves Capital, Portage Ventures, Spark Capital, and HarbourVest
Key Investors in Boosted.ai
Spark Capital
Spark Capital is a venture firm that invests across all sectors and stages, known for backing transformative companies like Coinbase and Plaid by helping founders execute their unique visions.
Ten Coves Capital
Ten Coves Capital specializes in investing in companies that are innovating and transforming the financial ecosystem, focusing on businesses that re-imagine and re-wire financial services.
HarbourVest
HarbourVest Partners provides global private markets investment solutions, including direct co-investments and secondary market strategies, supporting the growth of established and emerging firms.
What's next for Boosted.ai?
With the successful closure of this major strategic investment, Boosted.ai is well-positioned to scale its operations and enhance its product suite. The company is expected to focus on deepening its AI capabilities, potentially expanding its reach into new asset classes or geographic markets. Given the current enterprise-level funding context, the firm is likely prioritizing the refinement of its predictive modeling tools to meet the evolving demands of global institutional clients. This capital infusion provides the necessary runway to accelerate product development and strengthen its market dominance, ensuring that Boosted.ai remains at the forefront of the quantitative investment revolution.
See full Boosted.ai company page
