Arkifi, a software startup that develops AI-powered financial analyst tools, including information retrieval on public markets, building financial models, and customizing spreadsheets, announced it has raised over $9 million in seed financing. The funding will be used for its workflow automation tools designed for financial institutions, including hedge funds and investment banks. The funding round was co-led by Khosla Ventures and Nyca Partners. Arkifi acknowledges that its product’s automation capabilities will lead to cost saving through labor disintermediation.
Arkifi Raises Over $9 Million for AI-Powered Financial Analyst Tools
