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Pinegap secured $8M in Series A funding led by Stellaris Venture Partners to expand its engineering team and enhance go-to-market efforts.

PRIVATEAug 05, 20264 days ago

Amount Raised

$8 Million

Round Type

Series A

New YorkArtificial IntelligenceSaas

Investors

De VcSilicon Valley QuadInventusStellaris Venture Partners

Description

Pinegap, based in NYC, has raised $8M in Series A financing to accelerate its growth. The round was led by Stellaris Venture Partners with support from Inventus, Silicon Valley Quad, and DeVC. This funding will help Pinegap expand its engineering team and boost go-to-market efforts for its AI-powered equity research platform.

Company Information

Company

PineGap.ai

Location

New York, New York, United States

About

We are building an AI-powered equity research platform for Wall Street to help equity research analysts working in Hedge funds, Mutual funds, and Investment Banks, etc. interpret data & derive insights through deep reasoning from companies earning documents, powered by our own trained Pine-LLM.

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Funding Insights

Based on industry data
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months
Monthly burn rate benchmark
47% of Series A startups spend $400k or more per month on operations
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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