Kensho, the Google-backed developer of an artificial intelligence-based financial research aid, has now secured almost $73m in funding altogether.
Kensho, a US-based artificial intelligence (AI) technology developer that includes internet company Google among its investors, has secured $47.8m in series B funding, according to a regulatory filing on Thursday.
Investors in the round have not been disclosed, and the filing only cites chief executive Daniel Nadler. GCV has reached out to Kensho for comment and will update as appropriate.
Kensho has created an AI assistant named Warren, which offers users real-time statistical and analytical computing. The software is aimed at investors and instantaneously answers complex financial questions asked in plain English.
The company was spun out of research conducted at Massachusetts Institute of Technology and Harvard University in 2013.
Google Ventures, the corporate venturing arm of Google, took part in a $10m seed round in January 2014 alongside Devonshire Investments, a venture capital subssidiary of financial services provider Fidelity Investments, and VC firms New Enterprise Associates, Accel Partners and General Catalyst Partners.
Kensho, which also secured approximately $500,000 in debt financing in January 2014 according to a regulatory filing, subsequently raised $15m in a November 2014 series A round led by investment bank Goldman Sachs.
This article first appeared on our sister site, Global Corporate Venturing.
