When generative AI tools started making waves in late 2022 after the launch of ChatGPT, the finance industry was one of the first to recognize these tools’ potential for speeding up the data-gathering and research process. Speed, after all, is vital when you’re advising investors who need to respond quickly to market changes.
Now a startup called Linq is entering this space with an AI agent that can automate a variety of tasks required for financial analysis and research and has raised $6.6 million in a funding round led by InterVest and Atinum, with participation from TechStars, Kakao Ventures, Smilegate Investment and Yellowdog.
MIT alumni Jacob Chanyeol Choi and Subeen Pang founded Linq after they won the Samsung Open Collaboration in 2023, an accelerator-like program hosted by Samsung Financial Network. Choi told TechCrunch that win spurred him to build large…