Theia Insights: $6.5 Million Raised To Build Foundational AI For Investment Community

By Amit Chowdhry • Mar 8, 2024

Theia Insights—a deep tech startup founded by former Amazon Alexa scientist and solo entrepreneur Dr. Ye Tian—has raised $6.5 million. Unusual Ventures led the funding round, which included participation from Fidelity International Strategic Ventures and Clocktower Ventures, along with several strategic angels.

The company’s products and solutions are built on academic and proprietary research and integrate the latest developments in AI, machine learning, Natural Language Processing (NLP), Large Language Models (LLM), and technologies based on advanced financial mathematics.

Considering the importance of understanding the economic landscape and the make-up of companies, investors rely on several foundational technologies to make decisions. Theia was founded to build future-proof foundational AI that adapts to the world we live in today.

With an academic background in Natural Language Processing (NLP) and AI, former research scientist at Amazon Alexa, Dr. Tian has put together a highly skilled team of experts from Nasdaq, Morgan Stanley, Meta, UC Berkeley’s Economics Department, Amazon Alexa, AWS and the University of Cambridge’s Computer Science Department. The company is named after Theia (the Goddess of Sight), to synthesize and distill vast amounts of data so investors can see clearly.

This funding round provides Theia with the opportunity to attract industry-leading talent from conventional classification and risk management firms and individuals at the forefront of AI’s rapid recent advancements.

Theia Insights offers a diverse range of corporate clients, such as asset and wealth managers, ETF issuers, Index providers, investment banks, fintechs and the broader financial services ecosystem. And in partnership with some of the world’s largest and most well-known organisations in the space, Theia is developing three core technologies: dynamic industry classification, thematic risk model and portfolio analysis.

KEY QUOTES:

“We live in the age of data overflow – everything from geopolitics to financial filings, to social media and news. It’s often overwhelming and easy to get lost in the noise. But good investment decisions require clarity, and that is where AI can play an unrivaled role – by lifting us from the valley to the mountain top, so we can choose the paths we want to take by seeing where every path leads and how they connect.”

  • Dr. Ye Tian, Founder and CEO of Theia Insights

“We believe that data infrastructure in the asset management sector will continue to go through substantial change and advancement through the adoption of AI. The shortcomings around legacy industry classification systems and the lack of dynamic insights on risk factors driving investment decisions is a pressing issue. After meeting and getting to know Theia, we were impressed with their bold vision, their technical ability and the team they have assembled to tackle this substantial problem.”

  • Lars Albright, General Partner at Unusual Ventures

“Theia Insight’s team’s strong academic expertise in AI and natural language processing uniquely positions them to tackle many technically challenging problems affecting the investment industry, and we are excited to support them on this journey. Their products have already attracted significant interest from major industry players, and we believe they have the potential to redefine and revolutionise portfolio construction and risk monitoring processes in the future.”

  • Fidelity International Strategic Ventures Principal Erik Mostenicky