LinqAlpha, a New York-based AI startup, has announced raising $22 million in a Series A funding round to accelerate its expansion across the Asia-Pacific region.
The round was co-anchored by AVP, Atinum Investment, and GFT Ventures, with participation from a syndicate of strategic financial institutions across Singapore, Hong Kong, South Korea, Japan, and India.
In a statement, LingAlpha said the fresh capital will be used to expand its global team, deepen integration with market and alternative datasets, and accelerate the rollout of its multi-agent AI platform.
LinqAlpha was founded by Jacob Choi, Subeen Pang, Jin Kim and Hojun Choi, bringing together former Goldman Sachs analysts and computer science PhDs from the Massachusetts Institute of Technology.
The company is headquartered in New York but has built a client base spanning North America, Europe, and Asia, per the announcement.
The startup develops AI agents designed for institutional investors, enabling research teams to analyse and synthesise information from multiple sources to generate investment insights tailored to each firm’s investment framework.
Institutional investors are increasingly adopting AI tools as financial firms seek to process growing volumes of structured and unstructured market data more efficiently while generating differentiated investment ideas.
“The first wave of AI in finance made analysts faster. The next wave changes what they can know,” Hojun Choi, co-founder and co-chief executive officer, said in a statement.
He added that the edge no longer comes from retrieving information; “it comes from systems that surface market-moving signals before they are priced in.”
Co-founder and co-CEO Jacob Choi said the platform is designed to function as “a second brain” for investment teams by continuously learning from an institution’s historical research, investment theses, and feedback rather than relying on generic large language models.
LinqAlpha said its platform is used by more than 70 financial institutions across the United States, Europe and Asia, including sell-side sales, trading and research teams at leading investment banks.
