Tetrix

We’re #hiring a new Senior AI/ML Engineer - NYC/Montreal. Apply today or share this post with your network!

We’re #hiring a new Senior Software Engineer (Full Stack) - NYC/Montreal. Apply today or share this post with your network!

?? It’s official - Tetrix is coming out of stealth today with $5M in funding! ?? Tetrix’ vision is to enable the free flow of information and capital in investing markets. Our proprietary SaaS platform achieves this by automatically collecting fund reports from various data rooms, extracting and normalizing this unstructured data in PDFs and Excels into usable data models by leveraging the latest in Artificial Intelligence, and providing in depth analytics and insights based on both qualitative and quantitative data. For the investments team, Tetrix offers a look-through view of fund holdings, capital deployment pace, funds' relative performance and underlying valuation marks, providing them all the insights they need to confidently invest and manage their alternative portfolio. For the operations team, Tetrix can save them thousands of hours annually in manual document parsing and data review to ensure 100% financial data accuracy in their systems. We have been in stealth for over a year. In that time, we have spoken with over 300 institutional investors including endowment funds, pension funds, family offices, foundations, sovereign wealth funds and fund of funds to better understand the market and build a solution that meets their complex investment needs, and have built an all-star team. Today, we are very proud and excited to announce our emergence from stealth and our $5M raise. Our round was led by the amazing team at Innovation Endeavors, with participation from phenomenal angel investors from BlackRock, CPPIB, SoftBank, LendingClub and Plaid. Here’s our ask: 1) If you are (or know) an institutional investor or family office struggling with managing investments in private markets, please reach out! 2) We are hiring for engineers so if you have any solid recommendations, let us know too! Thank you and we are excited to provide even more updates as Tetrix continues to grow. Press release: https://lnkd.in/g8jp5HnB Exclusive coverage by Axios: https://lnkd.in/gJquR7Rj