On May 5, 2020, Boosted.ai completed its $8 million Series A financing round led by Portag3 Ventures. The funding will be used to enhance Boosted.ai’s proprietary machine learning platform, Boosted Insights. Boosted Insights is a first-to-market AI platform that allows portfolio managers, analysts and chief investment officers to augment their existing investment process, source new ideas and manage risks. The funding will also be used to acquire additional talent and aid in marketing and sales processes.
Boosted.ai is an artificial intelligence company specialized in software that enhances portfolio management outcomes for the global financial industry through distributed machine learning.
Portag3 Ventures is an early stage venture capital firm focused on investments in fintech companies that have potential for global impact.
Osler, Hoskin & Harcourt LLP advised Boosted.ai with a team consisting of Chad Bayne, Andrew Irwin and Shalu Atwal (Emerging & High Growth Companies).