Tel Aviv-based BridgeWise, formerly Deshe Analytics, has raised $13 million in a seed funding round led by Group 11, with participation from L4VB, Mangrove VC, and several other private investors.
This new funding will advance the firm’s mission to make high-end investment research tools available to global investors using generative AI.
BridgeWise was founded by Gabriel Diamant, brothers Dor and Or Eligula, and Mor Hazan. The company currently employs 35 people in total, 25 of them at the headquarters in Ramat Gan and the remaining in Armenia and Brazil.
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Founded in 2019, the firm uses AI algorithms to analyze over 44,000 public companies worldwide, thus generating research reports and detailed sell/buy/hold recommendations in a fraction of the time.
BridgeWise’s primary customers are investment managers, financial advisors, and small to mid-sized businesses. Certain retail customers also get access through their online brokerage platforms.