Farsight, a pioneering technology company transforming workflows and insights at financial institutions, has announced a Series A fundraise, raising $16 million in capital. This funding round was led by SignalFire, with participation from RRE Ventures, Link Ventures and K5 Ventures as well as contributions from many strategic angel investors at firms including Blackstone, Oaktree, Searchlight, Bank of America and more.
Momentum: Working with leading firms across investment banking, private equity, hedge funds, and wealth management, Farsight empowers companies to automate and customize workflows, seamlessly add integrations, and develop bespoke features tailored to their enterprise-specific challenges.
Farsight’s technology is unique for its ability to execute complex workflows directly within the existing behavior patterns of users. The outcomes speak for themselves. Last year, Farsight experienced record growth, with revenue increasing tenfold and the customer roster expanding 5x.
How the funding will be used: The funding will be used to continue advancing Farsight’s industry-leading solution and rapidly scale its team, while expanding its network of partners and customers.
Founders: Co-founded by MIT graduates Samir Dutta, Noah Faro, and Kunal Tangri, Farsight is transforming how financial institutions operate—tackling not just inefficiency, but enabling sharper execution and unlocking new business opportunities.
KEY QUOTES:
“Finance has been trapped in an endless cycle of inefficient processes that waste billions annually and contribute to high employee turnover. At Farsight, we’re solving a systemic problem—not just by automating tasks like CIM generation and DCF modeling to boost productivity and accuracy, but by empowering teams to execute faster, seize more opportunities, and bring more strategic value to the table. By freeing talent from the drudgery of manual work and surfacing new actionable ideas, we enable firms to operate with greater agility, win more deals, and scale intelligently.”
Samir Dutta, Co-Founder and CEO of Farsight
“As recovering investment bankers ourselves, we immediately saw the power of Farsight to save countless all-nighters. Samir, Noah, and Kunal combine a unique blend of AI, security and trust, and deep user empathy themselves to build the end to end workflow, datasets, and controls needed to actually bridge the last mile problem for analysts across the finance sector and generate the self-reinforcing feedback loops to continually improve.”
Wayne Hu, Partner at SignalFire