Equity research platform for Wall Street PineGap raises $2.5 M led by SVQuad, Inventus

PineGap.ai , a New York- and Delhi-based AI SaaS startup, has closed a USD 2.5 million seed round. The funding round was led by US-based investors SVQuad and Inventus Capital, with additional contributions from DeVC and Silicon Valley entrepreneurs such as Mohit Aron, Vetri Vellore, and Mohan Kumar, as well as Wall Street executives.The fund raised will be used for product development efforts and to build an engineering team both in Bengaluru and the US. The company also plans to increase the headcount of its core engineering team.Co-Founded by IIT-BHU graduates Deepak Sharma (CEO) and Ankit Varmani (CBO), PineGap is an equity research platform tailored for Wall Street. With the help of the GenAI and LLMs, the company claims to generate insights for all US listed companies to help analysts.