AI Startup Funding
Pinegap raises $8M for custom agents that write buy-side research
By Arjun
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8 Aug 8:06 PM
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Via The Economic Times
Pinegap raised $8 million in a Series A led by Stellaris Venture Partners, with Inventus, Silicon Valley Quad, and DeVC joining, Economic Times reports. Founded by Ankit Varmani and Deepak Sharma, it builds fund-specific agents that automate earnings previews, company primers, and thesis trackers on each client's data and formats rather than a generic chatbot. The firm says more than 1,000 agents already serve over 100 institutional clients, producing upwards of 50,000 reports a month. Proceeds fund go-to-market, engineering, and former equity analysts. Caveat: traction figures are company-reported, and rival research copilots are crowding the same desks.
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Pinegap, an AI equity-research platform with U.S. clients and Indian founders, raised $8 million in a Series A led by Stellaris Venture Partners, with Inventus, Silicon Valley Quad, and DeVC joining. The Economic Times reports the capital will fund go-to-market, engineering, and an in-house bench of former equity analysts. Rather than a chatbot, Pinegap builds custom agents that draft earnings previews, primers, and thesis trackers and push them on a schedule or market trigger. It says more than 1,000 agents already run across over 100 institutional clients, producing upwards of 50,000 reports a month. Adoption figures are company-reported, so research quality still needs independent checks.
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