BridgeWise, an Israeli startup that offers a platform for generative AI-powered equity research, has raised $13 million in a Seed round led by Group 11, with participation from L4VB (Venture Fund of the Brazilian Stock Exchange), Mangrove VC, and additional private investors. The company has also changed its name from Deshe Analytics to BridgeWise.
Foundedin 2019 by CEO Gabriel Diamant, brothers Dor CBO and Or COO Eligula, and Mor Hazan, VP of Product, BridgeWise aims to become the industry standard for financial research by applying advanced AI to provide faster, accessible, and trusted coverage in every language for all global financial instruments. BridgeWise boasts that the company delivers high-quality and easy-to-read equity reports for >44,000 stocks in 134 exchanges. The bias-controlled machine-generated recommendation surface untapped investment opportunities and makes high-end research accessible to all active inventors worldwide.
BridgeWise currently employs 35 people, including 25 of at the company’s headquarters in Ramat Gan. The other ten employees are located in Brazil.
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“In the vast and highly fragmented equity research universe, BridgeWise sees a significant opportunity to meet the needs of underserved investors. We are expanding exponentially,” said Diamant. “Every day, we open new markets and serve them with top-quality research. Our vision remains our only compass. We’re here to bring high-end research to everyone, whether they are sophisticated investors or not, and whether they are fluent in English or not.”
BridgeWise said that it will use the new funds expand its AI-based stock analysis tool into new markets worldwide and to develop new products in order to execute their vision: “to bridge the knowledge gap in the world of investments and allow every investor in the world to invest intelligently, no matter where they are from or what language they speak, through financial institutions and platforms.”
