Financial services sector acceleration through AI technology boosted by Alkymi's strategic funding round
Alkymi Secures Strategic Financing Round, Bolsters Board with Industry Experts
Alkymi, an AI-powered data workflow platform designed specifically for financial services, has announced a significant financing round led by Cornerstone Investment Capital and Canaan Partners. This investment will accelerate Alkymi's growth and innovation in modernizing data management in private markets.
Thomas Mosimann, Director at Cornerstone, has joined Alkymi's Board as Chairman. Bob Ward, CEO of QUODD, and Robert Greifeld Jr., Director at Cornerstone, are also new members of Alkymi's Board. Bob Greifeld, Co-Founder at Cornerstone Investment Capital and former Chairman and CEO of Nasdaq, has also joined Alkymi's Board of Directors.
SimCorp and Northwestern Mutual Future Ventures also participated in the financing round. Craig Schedler, Managing Director at Northwestern Mutual Future Ventures, stated that they invested in Alkymi after using the technology and continue to experience its impact.
Alkymi's platform is an innovative solution that leverages cutting-edge AI to unlock and structure vast amounts of financial data. It transforms unstructured investment and client data, often trapped in documents like transaction notices and financial statements, into standardized, interactive datasets that integrate seamlessly with clients' core business processes.
Key features of Alkymi include AI-driven automation that unlocks 100% of complex data hidden in unstructured documents. The platform uses advanced technologies such as machine learning, large language models (LLMs), and agentic AI tailored to investment workflows.
One of the platform's modules, Alpha, powers generative AI capabilities, enabling users to interact with financial data, get instant answers, perform semantic search, review deal memos and decks regardless of format, and summarize research documents efficiently.
Alkymi offers high-speed, accurate data validation, integration, and analysis to support operational automation, streamlined valuations, risk reduction, and accelerated investment decision-making. The platform also emphasizes security, governance, and human oversight to ensure responsible AI application in financial workflows.
The benefits of Alkymi are far-reaching. Institutional investors, wealth managers, and asset owners can scale investments, serve more clients, and respond quickly to market changes. Teams can focus on higher-value analysis by automating repetitive data processing and transforming unstructured data into actionable intelligence.
Alkymi has received recognition through multiple industry awards in 2025 and rapid adoption by investment managers overseeing over $20 trillion in assets under management. This strategic investment and board memberships by seasoned capital markets and fintech experts will further support Alkymi’s growth and impact.
In summary, Alkymi's technology is helping to solve complex data challenges and deliver real innovation for businesses. By automating operations, streamlining valuations, reducing risk, and accelerating investment decision-making, Alkymi is set to revolutionize the private markets landscape.
ffnews.com might feature a report on how the recent financing round for Alkymi will bolster the company's efforts to disrupt the business and finance industries with its AI-powered data workflow platform.
This investment from Cornerstone Investment Capital, Canaan Partners, SimCorp, and Northwestern Mutual Future Ventures, among others, will not only accelerate Alkymi's growth but also contribute to the advancement of technology, artificial-intelligence, and business, as they aim to modernize data management in private markets.
