Rogo Raises $50M to Build an AI-Powered Wall Street Analyst
Rogo, a tech startup aiming to revolutionize finance, has raised $50 million in a Series B round.This funding brings the total to $75 million and will accelerate the development of AI-powered financial reasoning models and autonomous agents.
The company’s goal is to build an artificial intelligence system that rivals Wall Street’s top analysts in both logic and insight. Unlike traditional tools that emphasize speed, Rogo blends data analysis with creativity.
“Finance is about more than efficiency — it’s about seeing what others cannot,” the company said in its announcement.
Also read: Lloyds Banking Group speeds AI modernization through Google Cloud Collaboration
Early Impact on Investment Banking
Though the “true AI analyst” remains in development, Rogo is already delivering value.
Patrice Maffre, international head of investment banking at Nomura, praised the platform for enabling rapid market analysis.
He noted that the tool improves strategic decision-making while freeing bankers to deepen client relationships.
AI is reshaping workflows in banking. While some fear junior roles may be cut, others predict the opposite. Founder Gabriel Stengel believes AI will boost deal volume, driving demand for more bankers, not fewer.
“The only way to get deal-revenue-generating bankers is to train them and create MDs. And you can only do that if you have junior bankers who rise to that level,” he told the Financial Times.
Broader Use Cases Across Banking
AI’s role in financial services is expanding beyond deal-making. Firms like ValidiFI use machine learning to detect fraud by analyzing hundreds of thousands of transaction patterns in real time.
As firms race to adopt AI, Rogo is positioning itself at the center of the transformation, aiming to redefine what it means to be a Wall Street analyst.
