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Sibli Closes $4.5M Seed Funding Round

Feb 13, 2024almost 2 years ago

Amount Raised

$4.5 Million

Round Type

seed

TorontoMachine LearningArtificial Intelligence

Investors

Private InvestorsMa Rs IafBurst CapitalThe Group VenturesStaircase Ventures

Description

Sibli, a Toronto, Canada-based AI powered investment research company, raised $4.5M in Seed funding led by Staircase Ventures, with participation from The Group Ventures, Burst Capital, MaRS IAF, and private investors. The company intends to use the funds to accelerate its growth and the development of its technology.

Company Information

Company

Sibli

Location

Toronto, Ontario, Canada

About

Sibli (formerly Responsibi) is a Toronto, Canada-based AI powered investment research company that provides technology leveraging advancements in NLP and generative AI to process vast amounts of unstructured data for use by fundamental and quantitative asset managers.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers