GFT Co-Leads LinqAlpha's Series A

Featured in Tech Funding News:

• LinqAlpha, an AI research platform for hedge funds and asset managers, has raised $22 million in a Series A round led by AVP, Atinum Investment and GFT Ventures.

• The company, founded in 2022 as “Linq,” raised $6.6 million in a 2024 seed round. Since then, it has rebranded, moved its headquarters, and now aims to serve as institutional infrastructure for public markets.

• With this round, LinqAlpha’s total funding is about $28.6 million. This is much less than competitors like AlphaSense, which has raised $1.74 billion, including a $350 million round in June 2026, and Rogo, which has $310 million.

  
  

In 2022, three co-founders left investment banks and quantitative funds to build an AI platform that analyses earnings calls, filings, and social media for hedge fund analysts. After three years, two rebrands, and three different headquarters, LinqAlpha has now secured a $22 million Series A round.

AVP, Atinum Investment and GFT Ventures co-led the round, with participation from financial institutions in Japan, South Korea, Southeast Asia, Hong Kong and India. LinqAlpha’s total funding is now about $28.6 million.

“The first wave of AI in finance made analysts faster. The next wave changes what they can know. The edge no longer comes from retrieving information; it comes from systems that surface market-moving signals before they are priced in,” says Hojun Choi, co-founder and co-CEO of LinqAlpha.

From a Seoul seed round to a Wall Street pitch

LinqAlpha was founded in 2022 by Choi, Subeen Pang, Jin Kim, and Hojun Choi. The team brings together experience from former Goldman Sachs analysts and MIT computer science PhDs.

The company started as “Linq” in Cambridge, Massachusetts, was later described as Boston-based while the founders worked between Seoul and the US, and is now headquartered in New York, focusing on institutional clients on Wall Street.

LinqAlpha’s fundraising history shows this traction. The $6.6 million raised in 2024, led by InterVest and Atinum, was first reported as a seed round. Some trackers now refer to it as a Series A. In its latest announcement, LinqAlpha refers to the current raise as its Series A and does not mention the earlier round.

The platform lets hedge funds and asset managers use AI agents trained on their own research history, rather than a generic model. It processes filings, transcripts, and news to give real-time market analysis. For example, an analyst tracking a supply chain disruption in Asia can use LinqAlpha to link the event to a specific position and automatically pull up relevant filings and prior research.

LinqAlpha says it serves over 70 financial institutions, including sell-side teams at investment banks and buy-side clients like Causeway Capital Management and Schonfeld Strategic Advisors, which together manage more than $5 trillion in assets.

A crowded and well-funded field

LinqAlpha is part of a highly funded area of applied AI.

AlphaSense, used by about 80% of top hedge funds, has raised $1.74 billion since 2013, including a $350 million Series F in June 2026. Rogo, which focuses on investment-banking workflows, has raised $310 million. Hebbia, a general-purpose research agent, and Prague-based EquiLibre Technologies, which raised a Series A at a valuation above $500 million in 2026, are also competitors. Compared to these, LinqAlpha’s $22 million is modest.

LinqAlpha says its strength lies in depth, offering agents trained on each client’s thesis history and prior research, rather than using a single model for everyone. Whether this difference will hold up against better-funded competitors remains unclear.

“Most AI tools in finance help professionals retrieve information faster or automate repetitive work. LinqAlpha is addressing a larger opportunity: building systems that help institutional investors discover differentiated insights in public markets that reward speed, context, and proprietary judgment,” notes Manish Agarwal, general partner at AVP.

High stakes in a rapidly growing market

The AI-in-finance market, which includes banking, insurance, and investment management, is expected to be worth $38-$45 billion in 2026 and could reach $190 billion by 2030. This growth is drawing in well-funded competitors like Prem AI, which is seeking $100 million to help hedge funds and law firms run AI on their own servers.

LinqAlpha says the new funding will support its global team, improve data integrations, and help expand its platform across equities, macro, credit, and multi-asset strategies. Whether $22 million will be enough to build a unique data advantage and win institutional trust, given the size of its competitors, is still uncertain.

Original article here.