Insider Brief
- AgentSmyth raised $8.7M in Seed funding co-led by FinTech Collective and Thomson Reuters, bringing total funding to $11.2M to expand its AI-driven autonomous trading agent platform.
- Already deployed by 48 institutional clients, AgentSmyth uses a team of AI agents to deliver real-time market intelligence, investor sentiment, and trade-ready insights across over 100 data streams.
- Backed by major financial players including BNY and part of BNY’s Ascent Program, the platform is reshaping how institutional desks execute trades with AI-powered decision-making.
PRESS RELEASE — AgentSmyth, the autonomous agent platform for trading and investment delivering real-time, institutional-grade intelligence to professional traders, has closed an $8.7 million Seed round, co-led by FinTech Collective and Thomson Reuters, with BNY joining through its Ascent fintech-innovation program. The new capital brings the company’s total funding to $11.2 million, including a $2.5 million pre-seed led by Michael Rafferty, president and CEO of Rafferty Holdings, who also participated in the current round.
In less than 12 months, AgentSmyth has been deployed by 48 institutional customers including banks, hedge funds, and asset-management firms with client assets of $2 billion — $50 billion. AgentSmyth leverages AI-generated equities market intelligence, research and insights — all delivered by a team of five autonomous agents capturing real-time macro data, investor sentiment, quantitative analysis, options activity, and corporate earnings. AgentSmyth’s speed, accuracy and insights are particularly valuable in today’s diverse and volatile markets, making this technology one of the most powerful tools available to institutional investors.
“We’re thrilled to have a syndicate of investors who don’t just share our vision — they’re betting on it,” said Pulkit Jaiswal, co-founder and CEO of AgentSmyth. “Investment research is becoming a commodity; the real edge is turning that raw insight into basis-point-generating trades. Competitors might find the paragraph — AgentSmyth tells you how to trade it. The platform has already been rolled out on the trading floors of some of Wall Street’s largest institutions. This round lets us accelerate adoption and ship the next wave of fully autonomous, trade-ready agents.”
“The first time Pulkit walked us through their agent stack, it was obvious this was more than another AI plugin — it’s the missing link between market data and trade execution,” said Brooks Gibbins, co-founder of FinTech Collective. “We’ve backed fintech founders around the world since 2012, and AgentSmyth stands out for pairing deep capital-markets DNA with production-ready AI. It’s already changing how desks make money, and we’re thrilled to help scale that impact.”
“Thomson Reuters Ventures invests in innovative companies that align with our strategic objectives and the markets we serve. In the financial services sector, AI is rapidly transforming institutional investment analysis. The use of AI to generate trade ideas, stay up to date with company coverage, and analyze investment data is no longer optional. AgentSmyth has developed a transformational agentic AI platform that incorporates over 100 data sets streaming in real-time and performs institutional-grade investment analysis using a variety of different investment disciplines,” said Tamara Steffens, Managing Director, Thomson Reuters Ventures. “We are thrilled to be partnering with this highly talented and experienced team.”
In addition to the Seed financing, AgentSmyth has joined BNY’s Ascent Program, which was established to facilitate innovation and collaboration with the fintech ecosystem and its emerging leaders. Through the program, AgentSmyth will collaborate with BNY on refining the autonomous-agent platform and its adoption across institutional desks.
Other investors include Binnacle Financial Group; Systemic Ventures; Scott Friedman, former President, Chief Compliance Officer and founding team member at Robinhood; Jason Halbert, a doctoral-level behavioral scientist and former U.S. Army special-operations officer who helped scale Snapchat from 40 employees to 10,000 and through its IPO; and Will Mayer and Alyssa Bonanno of Better Half, who also serve as AgentSmyth’s brand partners, bringing experience from category-defining brands such as Bilt Rewards and Equinox.
About AgentSmyth
AgentSmyth is an autonomous agent platform for trading and investment that rapidly produces the most current institutional-grade intelligence essential to professional traders. The company is headquartered in New York City. For more information, visit www.agentsmyth.com. AgentSmyth is a registered investment advisory (See: SEC.gov); FINRA registered.
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Featured image: Credit: AgentSmyth
