Global banks invest in Rogo

Financial AI platform Rogo  has received a strategic investment from Barclays, BNP Paribas through Opera Tech Ventures, Citi Ventures, MUFG Innovation Partners, Societe Generale, and Sixth Street co-founder Josh Easterly.

The new investors join existing backers including J.P. Morgan Growth Equity Partners and Truist Ventures. Rogo now counts nine global banks among its investors.

Rogo provides AI tools to more than 50,000 professionals across over 350 financial institutions. The platform allows firms to deploy different AI models across research and other financial workflows.

The company plans to use the investment to accelerate its expansion across EMEA and Asia-Pacific, with plans to grow its regional operations to hundreds of employees in the coming months.

Earlier this month, Rogo acquired financial-services meeting assistant Arvo and announced a partnership with M&A software provider Datasite.