Rogo, a New York City-based secure enterprise AI platform tailored for finance professionals, has successfully raised $18.5 million in Series A funding. This investment will fuel the company’s growth and enhance its innovative offerings for the financial sector.
- Funding Success: Rogo raised $18.5 million in Series A funding, bringing its total funding to $26 million.
- Investors: The funding round was led by Khosla Ventures, with participation from Mantis VC, Eric Schmidt (former Google CEO), and Jack Altman (CEO of Lattice).
- Leadership Addition: Keith Rabois from Khosla Ventures joins Rogo’s Board of Directors, bringing valuable expertise to the team.
- Strategic Goals: Rogo plans to use the funds to grow its team, accelerate platform development, and expand customer partnerships.
- Innovative Solutions: Founded in 2021 by Gabriel Stengel, Rogo specializes in Generative AI solutions for financial institutions, fine-tuning large language models (LLMs) to tackle complex financial queries.
The $18.5 million investment positions Rogo to revolutionize the finance sector with advanced AI solutions. As it enhances its platform and expands its team, Rogo is set to empower financial professionals with the tools they need to excel in an increasingly competitive landscape.
