Helix by HL, a Boulder, CO-based provider of a generative AI assistant for private markets, raised $6M in Seed+ funding.
The round was led by FINTOP Capital.
The company intends to use the funds to accelerate product development, enhance platform features, and expand its market presence.
Helix by HL provides an AI assistant that allows advisors and investors to navigate the private markets industry. Helix, originally announced in June 2023, is a joint venture between TIFIN, the AI platform for wealth, and Hamilton Lane, a globally renowned private markets investment manager. It combines TIFIN’s technological expertise with Hamilton Lane’s database that draws on more than $16.7 trillion in private market commitments across 51 vintage years, along with a library of expert, research-based market analysis, as of September 30, 2023. Helix offers a data-centric information around private markets benchmarking, forecasting, and diligence and will help educate private wealth investors and their intermediaries on the asset class and current trends within the private markets.
FinSMEs
07/12/2023