Emerging and High Growth Companies

Ten Coves Capital in its connection with Boosted.ai’s US$35 million Series B financing round

Ten Coves Capital

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Expertise
Emerging and High Growth Companies Technology
Key Contact
David Jamieson

Partner, Emerging and High Growth Companies, Toronto

 

On January 12, 2022, Boosted.ai announced the closing of its US$35 million Series B financing round co-led by Ten Coves Capital, a US-based FinTech-focused growth equity firm. The funding will be used to scale Boosted Insights, the company’s web-based platform that brings explainable machine learning tools to investment managers.

Boosted.ai is an artificial intelligence company specialized in software that enhances portfolio management outcomes for the global financial industry through distributed machine learning.

Osler, Hoskin & Harcourt LLP advised Ten Coves Capital with a team consisting of David Jamieson, Chres Lee and Dhananjay Ghildyal (Emerging & High Growth Companies).

Value
US$35 million
Date Closed
January 12, 2022
Lead Office
Toronto
Key Contact
David Jamieson

Partner, Emerging and High Growth Companies, Toronto

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