LinqAlpha raises $22M Series A to build AI agents for institutional investors and public market research

Finding an edge in public markets has become harder than ever. Earnings calls, policy decisions, supply chain disruptions, social media chatter, and macroeconomic events can reshape investment theses within hours. For many institutional investors, the challenge is no longer collecting data. It’s making sense of an overwhelming flow of information before markets react.

That’s the problem New York startup LinqAlpha wants to solve. The AI startup announced Thursday that it has raised $22 million in Series A funding to grow its platform, which uses specialized AI agents to help institutional investors identify market signals, connect information across asset classes, and support investment research.

The funding round was anchored by AVP, Atinum Investment, and GFT Ventures, with participation from a global group of financial institutions and venture firms across North America, Europe, and Asia.

Former Goldman analysts and MIT researchers raise $22M for AI investment research startup LinqAlpha

Founded by Jacob Choi, Subeen Pang, Jin Kim, and Hojun Choi, LinqAlpha combines experience from former Goldman Sachs analysts and MIT computer science PhDs. Since launching its platform, the company says it has signed more than 70 financial institutions across the United States, Europe, and Asia. Its customer base includes research, sales, and trading teams at major investment banks, as well as buy-side firms such as Causeway Capital Management LLC and Schonfeld Strategic Advisors LLC. Collectively, LinqAlpha says its buy-side customers oversee more than $5 trillion in assets.

Financial firms have spent years adopting AI to automate research, summarize documents, and retrieve information faster. LinqAlpha is betting that the next phase of AI in finance will focus on reasoning rather than retrieval. Its platform allows investment teams to deploy AI agents that learn an organization’s research process, investment history, and feedback over time, rather than relying on generic responses from large language models.

“The first wave of AI in finance made analysts faster. The next wave changes what they can know,” said Hojun Choi, co-founder and co-CEO of LinqAlpha. “The edge no longer comes from retrieving information; it comes from systems that surface market-moving signals before they are priced in.”

Jacob Choi, co-founder and co-CEO, said the goal is to create AI systems that become more valuable as firms continue using them.

“In effect, LinqAlpha builds a second brain for every investment team: one that turns accumulated research into actionable insight across liquid public markets,” Choi said. “Instead of a generic model’s average answer, each team gets agents that reason in the context of its own thesis history and evolve with its feedback and market view.”

The company’s pitch reflects a broader shift taking place across enterprise AI. Early adoption centered on chatbots and productivity tools. Financial institutions are now investing in AI systems that can integrate proprietary research, market data, internal knowledge, and live events into a single decision-support platform.

That opportunity attracted AVP, one of the lead investors in the round.

“Most AI tools in finance help professionals retrieve information faster or automate repetitive work,” said Manish Agarwal, General Partner at AVP. “LinqAlpha is addressing a larger opportunity: building systems that help institutional investors discover differentiated insights in public markets that reward speed, context, and proprietary judgment.”

LinqAlpha plans to use the new funding to expand its New York-based team, integrate more market and alternative data sources, and grow deployment of its multi-agent platform across equities, macro, credit, and multi-asset investing.

The oversubscribed Series A round drew backing from a wide range of strategic investors across global financial markets. Participants included SBI Investment and Z Venture Capital in Japan; Betatron Venture Group, East Ventures, and SV Investment across Southeast Asia and Hong Kong SAR; Samsung Securities, Mirae Asset Venture Investment, Mirae Asset Capital, NH Investment & Securities, Shinhan Venture Investment, and Hana Ventures in South Korea; and NuVentures in India.

The investment comes at a time when competition in AI for financial services is shifting beyond general-purpose assistants. Institutional firms are looking for systems that can reason across proprietary data, adapt to individual investment frameworks, and surface insights that standard AI models might miss. LinqAlpha is betting that specialized AI agents, trained around each firm’s research process, will become a core part of how professional investors make decisions in the years ahead.

Linq’s cofounders, from left to right, Subeen Pang, Hojun Choi, Chanyeol Choi and Jin Kim.
Courtesy of Linq