Northwestern Mutual Future Ventures backs Alkymi

Alkymi , an AI-powered data workflow platform for financial services, raised a strategic financing round led by Cornerstone Investment Capital and Canaan Partners, with participation from SimCorp and Northwestern Mutual Future Ventures .

Founded in 2017, Alkymi helps investment firms extract information from documents such as financial statements, reports, and deal notices using AI. It turns unstructured data into clean, organized datasets that integrate directly into existing systems, enabling firms to review deals faster, react to market changes, and manage more clients without adding extra manual work.

Alkymi has 48 employees, based on LinkedIn data, reflecting a 7% increase over the past year. Excluding this undisclosed round, the company has raised $26 million.

“We invested in Alkymi after using the technology, and continue to experience its impact. Their team is helping solve complex data challenges, and delivering real innovation for our business.” – Craig Schedler, Managing Director at Northwestern Mutual Future Ventures.