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Boosted.ai Secures $15M to Expand AI Platform

November 25, 2024 by Newsdesk

Toronto-based Boosted.ai has raised $15 million in a financing round led by Fidelity Investments Canada and existing institutional investors, including Ten Coves Capital, Spark Capital, and RBC. This funding elevates the company’s total to $61 million. Boosted.ai’s agentic AI platform, Alfa, transforms financial workflows, reducing 40-hour tasks to 20 minutes.

Serving over 300 clients managing $3 trillion in assets, Alfa mimics user thinking, providing proactive monitoring and seamless automation. CEO Joshua Pantony emphasizes Alfa’s potential to enhance research, analytics, and decision-making. The funds will boost product demand, expand systems, and onboard new users.

Want to know more? Check out the source code on BusinessWire.

Filed Under: News Tagged With: Boosted.ai

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