Founded in 2018 by Chandini Jain, Auquan leverages generative AI to streamline research tasks traditionally performed by analysts. With its AI product launched in late 2023, Auquan aims to eliminate the manual workload of data gathering and report generation. The fintech has quickly gained traction, securing nearly $2 million in annual recurring revenue with notable clients like UBS, T. Rowe Price, and Blue Owl Capital. The firm also raised $8 million in seed funding to enhance its AI offerings, reflecting a growing interest in technology that facilitates efficiency in financial processes across various sectors.
Auquan efficiently automates data-related tasks within the finance industry, reflecting a significant trend toward the adoption of generative AI in investment processes.
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