Tetrix, a New York-based company whose mission is to empower capital allocators with AI-driven insights to navigate alternative investments, has raised a $5 million seed funding.
Investors
The round was led by Innovation Endeavors with participation from prominent angels from Blackrock, CPPIB, SoftBank, Lending Club, and Plaid.
Innovation Endeavors is an early-stage venture capital firm focused on investing in transformative technologies that drive generational change. Their "Super Evolution" investment thesis leverages data, computational power, and advanced engineering to revolutionize industries such as health, climate, and intelligent software.
Tetrix Use of Funds
The company will use the funds to support its expansion of proprietary data collection, extraction, and analysis platform.
About Tetrix
Founded by Olivier Babin and Naunidh Singh Bhalla, Tetrix offers an enterprise solution designed to transform complex and disorganized alternative investment data into actionable insights, helping investors make better decisions. Its platform is designed to streamlines the process of collecting, extracting, and normalizing complex investment data, offering in-depth analytics to help investors make better decisions and manage risks more efficiently. By leveraging cutting-edge AI, Tetrix aims to reduce the time and effort required for data analysis in private markets.
Funding Details
Company: Tetrix, Inc.
Raised: $5.0M
Round: Seed Round
Funding Date: September 2024
Lead Investor: Innovation Endeavors
Additional Investors:
Company Website: https://www.tetrix.co/
Software Category: AI Market Insights
Source: https://www.businesswire.com/news/home/20240926177305/en/