AgentSmyth, a company co-founded in New York in March 2024 by technologist Pulkit Jaiswal and Wall Street experts Daniel McCooey and Mike Block, announced it has launched AI agents that enhance financial analysis. AgentSmyth raised $2.5 million in seed funding from notable industry experts like Michael Rafferty, CEO of Rafferty Holdings and investor in fintech companies, and Craig Milias, former portfolio manager of Platte River Capital.
The company’s foundation was strengthened by its founders’ expertise in various fields, including buy and sell-side equity trading, venture capital, and applying agent-based LLM methodologies to comprehensive financial data sets. This funding round reflects the financial sector’s confidence in AgentSmyth’s approach to AI-driven financial analysis and decision-making.
AgentSmyth differentiaties itself by creating smart autonomous agents that act as specialized team members, revolutionizing coordination in finance. And this includes macro research, expertise at both the ticker and sector levels, and monitoring of unusual option flow analysis, all while delivering tick-by-tick narratives.
As a provider of end-to-end autonomous agents in finance, AgentSmyth is on track to becoming a global leader in financial analysis. And the company provides its services at competitive rates. Unlimited consultations with agents cost $30 per day and custom services, with agents working with your proprietary data, cost $60 per day.
The company is set to enhance its product offerings with an array of new features this summer, aiming to deepen integration within the operations of our initial clients. AgentSmyth’s strategy includes targeting sales traders first, followed by a focus on asset managers.
KEY QUOTES:
“In a world increasingly influenced by generative AI, the advantage lies not only in having extensive data sets but also in the ability to pose intelligent questions to extract valuable insights. This is particularly vital in finance, where the depth of inquiry shapes the caliber of data-driven decisions. AgentSmyth aims to be the essential tool for financial professionals, providing automated, context-sensitive financial information analysis.”
- Pulkit Jaiswal, co-CEO of AgentSmyth
“Our team’s profound comprehension of both the buy-side and sell-side demands allows us to tailor our AI agents to not just meet but anticipate and surpass the expectations of financial professionals. It’s this alignment with the sector’s core needs that truly sets AgentSmyth apart and defines our path forward.”
- Daniel McCooey, co-CEO of AgentSmyth
“AgentSmyth’s A.I. agents are akin to data detectives that give you an angle your market competitors simply don’t have. It’s a game-changer!”
- Michael Rafferty, CEO of Rafferty Holdings
“Drawing on two decades of experience in equity trading and a diverse array of roles across the financial spectrum, I am excited to lead AgentSmyth in revolutionizing how sales traders and wealth managers use AI. Our solutions are not only industry-first but also deeply aligned with the industry’s real-world pulse.”
- Michael Block, Co-Founder and CSO of AgentSmyth
“AgentSmyth represents the ultimate sales and trading tool. The ability to access such focused information in seconds will significantly increase market share.”
- Henry Mulholland, trustee for Direxion Funds and former head of the Americas Equities for BAML
