The Toronto-based machine learning platform for investors plans to use the funding to further develop its web-based platform. Ten Coves Capital and Spark Capital led the round, with Portage Ventures, RBC and HarbourVest Partners participating. (The Logic)
Skip to content
The Toronto-based machine learning platform for investors plans to use the funding to further develop its web-based platform. Ten Coves Capital and Spark Capital led the round, with Portage Ventures, RBC and HarbourVest Partners participating. (The Logic)
Talking point: Investment professionals use a lot of data to make decisions and are increasingly using artificial intelligence tools to improve that process. RBC is a client of Boosted.ai, along with more than 40 other hedge funds, ETF providers and other asset managers handling between US$10 million and US$1 trillion. The company said its platform, Boosted Insights, allows portfolio managers to take advantage of quantitative investing techniques without requiring a technical background. On Monday, Tokyo’s SoftBank announced a US$146-million investment in Qraft Technologies, another company offering artificial intelligence tools for money managers.
Loading...
Thanks for sharing!
You have shared 5 articles this month and reached the maximum amount of shares available.
CloseThis account has reached its share limit.
If you would like to purchase a sharing license please contact The Logic support at [email protected].
CloseGift the full article!
You have gifted 0 article(s) this month and have 5 remaining.
Recipients will be able to read the full text of the article after submitting their email address. They will not have access to other articles or subscriber benefits.
Most Popular This Week
In-depth, agenda-setting reporting
Great journalism delivered straight to your inbox.
News
Wealthsimple will let Canadians place bets on prediction market Kalshi
Briefing
Liberals force controversial lawful access bill through the House
G7 leaders and tech CEOs look for common front on AI standards
Shopify-backed Frontier recruits Anthropic and commits US$915M to carbon removal
Best business newsletter in Canada
Get up to speed in minutes with insights and analysis on the most important stories of the day, every weekday.
Exclusive events
See the bigger picture with reporters and industry experts in subscriber-exclusive events.
Membership in The Logic Council
Membership provides access to our popular Slack channel, participation in subscriber surveys and invitations to exclusive events with our journalists and special guests.
