Reflexivity (formerly Toggle AI), a New York-based provider of cutting-edge artificial intelligence solutions for the investment industry, has secured $30 million in Series B funding.
Investors
The round was led by Greycroft and Interactive Brokers, with additional support from influential hedge fund managers Stanley Druckenmiller and Greg Coffey. Other key investors include General Catalyst and SoftBank LatAm.
Greycroft is a seed-to-growth venture capital firm partnering with entrepreneurs aiming to build category-defining companies across sectors such as intelligent consumer and enterprise applications, AI infrastructure, sustainability, and consumer products. Greycroft has raised over $3 billion in capital and has made over 400 investments since its inception.
Interactive Brokers LLC is a brokerage firm providing direct-access trading and clearing services to advanced investors and institutions. With $16.1 billion in consolidated equity capital, the company offers trading across forex, stocks, options, futures, fixed income, and funds.
Reflexivity Use of Funds
The funding will accelerate Reflexivity’s product roadmap and support the expansion of its indispensable platform to marquee clients throughout the financial industry.
About Reflexivity
Reflexivity specializes in artificial intelligence solutions for investment and financial analysis. Its platform leverages AI to analyze financial data, identify patterns, and generate insights, serving the entire lifecycle of asset and portfolio management. Based in New York, London, and Tokyo, Reflexivity empowers investors with advanced analytical tools.
Funding Details
Company: Reflexivity
Raised: $30.0M
Round: Series B
Funding Date: October 2024
Lead Investors: Greycroft, Interactive Brokers
Additional Investors: Stanley Druckenmiller, Greg Coffey, General Catalyst, SoftBank LatAm
Company Website: https://reflexivity.com/
Software Category: Financial Analyst Solution
Source: https://www.globenewswire.com/news-release/2024/10/28/2969986/0/en/Reflexivity-Raises-30-Million-in-Series-B-Funding.html