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Venture Capital News: Daloopa Completes $18M Series B Round

2024-05-07
NEW YORK, NY, Daloopa, the world's first AI-powered fundamental and historical data provider, announced the closing on its $18 million Series B round today.
Touring Capital led the round with participation from Morgan Stanley and existing investor, Nexus Venture Partners.

Daloopa developed the world's first AI-driven technology to source, organize and distribute the most complete and accurate historical dataset globally. The firm's AI-first approach is helping many of the leading buy-side and sell-side financial institutions globally - including hedge funds, private equity firms, mutual funds, corporates and investment banks - meet time-critical data discovery requirements during earnings and model building workflows to accelerate an analyst's time to insight. Daloopa bypasses many of the shortfalls of all-in-one solutions, providing the deepest, most accurate set of data on publicly traded companies globally in the fastest time possible with AI. With steady exponential user growth, Daloopa has been recognized as an innovator in the fundamental data industry.
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