What does Farsight do?
Farsight is a technology company that provides an AI-powered strategic and automation platform designed to improve workflows in financial institutions including investment banking, private equity, hedge funds, and wealth management.
How much did they raise?
The company raised $16M in a funding round led by SignalFire, with participation from RRE Ventures, Link Ventures, K5 Ventures, and angel investors.
What are their plans for the money?
Farsight plans to use the funds to expand its operations and development efforts, aiming to enhance its platform's capabilities and further drive innovation in financial workflow management.
What have they achieved so far?
The company has already made significant progress by integrating its AI platform into the core operations of financial institutions, helping them improve efficiency and competitiveness.