Rogo, a financial artificial intelligence company aiming to reshape Wall Street with its vision of creating the first true AI analyst, has closed its Series B.
The company has raised $50m in a Series B funding round led by Thrive Capital. Other notable investors in this round include J.P. Morgan Growth Equity Partners, Tiger Global, and Positive Sum Ventures. Existing backers Khosla Ventures, BoxGroup, and AlleyCorp also participated. This brings Rogo’s total funding to $75m.
Rogo specialises in developing large language models tailored for the finance sector. Its core mission is to build an AI system capable of interpreting complex financial data with the insight and analytical depth typically associated with top-tier human analysts on Wall Street.
The latest funding will be used to accelerate Rogo’s development of advanced, secure financial reasoning models and autonomous agents. The company is also expected to invest further in product innovation, infrastructure, and expanding its specialist team.
Patrice Maffre, international head of investment banking at Nomura, said, “Our strategic integration of Rogo is going to transform how we deliver value to clients. Rogo enables our teams to analyze market data and identify opportunities with unprecedented speed and precision, while allowing our bankers to focus more deeply on client relationships and strategic advisory.”
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