By Carlo Miles
After the world pressed pause on the corporate office more than a year ago, management’s imperative to maintain a competitive edge was only strengthened amid a recalibration of day-to-day operations. Despite the remoteness separating teammates adjusting to a digital-only routine from home, maintaining open lines of communication and collaboration became more important than ever.
Enter Sentieo, who recently announced a $20 million Series B led by Ten Coves Capital with participation from existing investors Centana Growth Partners and Studio Management. The AI-supported business research and intelligence platform generated record revenue in 2020, prompting this latest round that brings the company to a total of $62 million in secured capital.
“Sentieo’s mission is to deliver the best platform for analysts to conduct research and execute better corporate and investment strategies,” said Ned May, a Managing Partner at Ten Coves Capital. “By combining all the elements of fundamental research into one seamless, AI-supported workflow, analysts can save time and discover new insights that will catapult their organization ahead of the competition.”
The “elements of fundamental research” that Messr. May references above likely refer to the incredibly wide net that Sentieo casts in bringing together disparate financial research tools, including an AI-generated collection of transcripts covering everything from Mike Novogratz’s poetic waxes on Bitcoin to Elon Musk’s somehow surviving comedic day in the sun on Tesla earnings calls.
Matched with a cloud-based workflow for financial document search, market and alternative date, modeling and analytics and undergirded by an integrated research management system, the more than 1,000 clients Sentieo counts around the globe each save hundreds of analyst hours while maintaining full confidence in their investment decisions. The platform has even added integrations to open up ESG research and ratings reports for the consciously-minded institutional investors of the world.
John Jannarone, Editor-in-Chief