Boosted.ai

Boosted.ai in its US$35 million Series B financing round

Client

Boosted.ai

Value

US$35 million

Service

Emerging and High Growth Companies

Date Closed

January 2022

Industry

Technology

Lead Office

Toronto

 

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 (Emerging & High Growth Companies) and Michael Sproule (Corporate).