Daloopa Raises $47M to Expand AI Financial Data Infrastructure
Daloopa closed a $47 million Series C funding round to grow its AI financial data infrastructure. The New York company builds structured datasets for investment firms and AI developers. This capital will support platform scaling as more institutions adopt automated investment workflows.
The company tracks historical performance for over 5,500 public companies worldwide. Its software extracts and cleans data from SEC filings and corporate reports to replace manual data entry in financial models. This process keeps data auditable for hedge funds and institutional investors who require verified metrics for risk assessment.
Expanding AI Financial Data Infrastructure for Global Markets
The rise of AI financial data infrastructure changes how capital markets handle information. Daloopa is hiring more engineers and sales staff to meet the demand for large language model integration in finance. Many firms currently face difficulties deploying analytical tools because they lack machine-readable datasets.
Investment teams use Daloopa to manage the intake of complicated financial statements. The system links every extracted data point to its original source in regulatory filings. This transparency helps firms maintain compliance during automated trading and research activities.
The financial services industry is currently shifting toward specialized AI tools. Daloopa is a base layer for quantitative and fundamental analysis. Because the platform processes data from thousands of international entities, it helps investors maintain consistent formatting across different legal jurisdictions. The company aims to eliminate the technical debt associated with legacy data collection methods.
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