Raises $8 Million in Series A Funding to Bring Artificial Intelligence in Investment Management to the Mainstream

AI Platform Offers Machine Learning Techniques to Global Financial Industry

NEW YORK & TORONTO–(BUSINESS WIRE)–, the leading distributed machine learning platform for global investment professionals, today announced the closing of an $8 million USD Series A financing round, led by Portag3 Ventures. Dunamu & Partners and Polar Equity Partners also participated in the round. Inclusive of seed capital,’s total funding now stands at $11 million. will use the funding to continue enhancing Boosted Insights, its proprietary machine learning platform that empowers portfolio managers, analysts and chief investment officers to augment their existing investment processes, source new ideas and manage risks. Boosted Insights is a first-to-market AI platform for investment professionals, supporting idea generation, portfolio construction and portfolio monitoring without requiring users to be coders, software engineers or data scientists. The platform also allows investment professionals to find value in alternative datasets that otherwise require extensive quantitative experience to unlock.

Co-founded in 2017 by Joshua Pantony, Jon Dorando and Nicholas Abe, currently has more than a dozen active clients and services the full spectrum of asset managers, including long-only mutual funds, long-short hedge funds, family offices and the investment arms of commercial banks. Combined assets under management managed by the client base is in excess of $500 billion.

“According to the CFA Institute, there are five main hurdles to using artificial intelligence within investment management: cost, talent, technology, vision and time. Boosted Insights solves all five hurdles for managers,” said Joshua Pantony, CEO of “Our mission is to bring elements of quantitative management to the finance industry at large as data becomes the difference between winning and losing for investors globally.”

“Quantitative overlays, factors and stand-alone strategies are no longer options for the investment management industry – they are a requirement to compete. The challenge the industry faces is systematically and efficiently implementing them, alongside unique data sources, to stay ahead of the competition,” said Adam Felesky, CEO of Portag3 Ventures. “The platform enables asset managers of any sophistication to do this by tapping into the most advanced machine learning tools available, augmenting their existing investment process through a user-friendly interface that does not require coding expertise.”

Funding will also be used to hire additional talent in Toronto and New York City, as well as enhance marketing and sales processes.

In conjunction with the funding round, Adam Felesky from Portag3 Ventures has joined’s Board of Directors.

To learn more or schedule a demo of Boosted Insights, visit here.

About is an artificial intelligence company that enhances portfolio management outcomes for the global financial industry through distributed machine learning. Co-founded by Joshua Pantony, Jon Dorando and Nicholas Abe in 2017, the company and its proprietary web-based platform, Boosted Insights, bring advanced quantitative investing techniques to portfolio managers, without requiring any coding or data science background. Headquartered in Toronto and New York City, is backed by Portag3 Ventures, Dunamu & Partners and Polar Equity Partners. Learn more at and follow us on LinkedIn.

About Portag3 Ventures

Portag3 Ventures is an early-stage investor supporting the world’s most innovative financial technology companies. Its team has deep entrepreneurial and industry experience and provides its founders with full access to the firm’s partners, in-house experts, and broader global ecosystem. Portag3 — alongside Diagram Ventures, a fintech venture builder — is a part of the venture capital strategy of Sagard Holdings, a multi-strategy alternative investment platform. Portag3 has a presence in Toronto, Montreal, New York, San Francisco, Europe and Southeast Asia. To learn more, visit

About Dunamu & Partners

Dunamu & Partners invests in disruptive tech companies in diverse geographies, including North America, East and Southeast Asia. It has mainly backed innovative AI-empowered, data-driven fintech companies. Dunamu & Partners is an investment arm of Dunamu, Inc., an operator of #1 digital asset exchange Upbit and Stockplus (a.k.a. Kakao Stock), a leading multi-asset trading platform in South Korea. With deep experience in investment management and entrepreneurship, the team’s leaders act as supportive confidants to founders around the world. To learn more, visit Dunamu & Partners.


Matthew Luongo

Prosek Partners for
+1 (646) 818-9279

error: Content is protected !!