On January 12, 2022, Boosted.ai announced the closing of its US$35 million Series B financing round led by Ten Coves Capital and Spark Capital. 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 Boosted.ai with a team consisting of Chad Bayne, Andrew Irwin, Jennifer Humphrey, Nik Popovski (Emerging & High Growth Companies) and Michael Sproule (Corporate).