BridgeWise (formerly known as Deshe Analytics), a Tel Aviv, Israel-based provider of AI algorithms to analyze companies, raised $13M in funding.
The round was led by Group 11, with participation from L4VB, and Mangrove VC.
The company intends to use the funds to push its generative AI-powered equity research platform into new global markets.
Founded by Gabriel Diamant, CEO; brothers Dor and Or Eligula, CBO and COO, respectively; and Mor Hazan, VP of Product, BridgeWise deploys AI algorithms to analyze more than 44,000 public companies worldwide, generating research reports and detailed buy/sell/hold recommendations in a fraction of the time it would take a human analyst. Its initiatives include enhancing the user interface, adding functionality, expanding into new markets, and incorporating ESG data.
Primary customers are financial advisors, investment managers and small to mid-sized businesses (SMBs). Certain retail customers also receive access via their online brokerage platforms.
FinSMEs
31/01/2023