Funding Round attributes
AgentSmyth, a New York-based technology company developing autonomous AI agents for trading and investment, has announced the successful completion of an $8.7 million seed funding round. The financing was co-led by FinTech Collective and Thomson Reuters Ventures, with participation from BNY via its fintech innovation program Ascent. This round brings the company’s total funding to $11.2 million, which includes a prior $2.5 million pre-seed round led by Michael Rafferty, President and CEO of Rafferty Holdings, who also contributed to the latest round.
AgentSmyth provides a suite of five AI-powered agents that analyze and synthesize various real-time data sources including macroeconomic signals, investor sentiment, options flow, quantitative indicators, and corporate earnings. These agents aim to transform raw market data into actionable insights and trade ideas for institutional clients. Since its launch, the platform has been adopted by 48 institutional firms, including hedge funds, banks, and asset managers managing between $2 billion and $50 billion in assets.
CEO and co-founder Pulkit Jaiswal emphasized the company’s vision of moving beyond traditional research tools: “Investment research is becoming a commodity; the real edge is turning that raw insight into basis-point-generating trades. AgentSmyth tells you how to trade it.” He further noted that the platform has already been implemented on trading floors at several major financial institutions and that the new funding will help expand adoption and develop “fully autonomous, trade-ready agents.”
