Ten Coves Capital

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


Ten Coves Capital


US$35 million


Emerging and High Growth Companies

Date Closed

January 2022



Lead Office



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).