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geniosAI's financial intelligence platform keeps sources, calculations and review decisions attached to analysis; FactSet is lead investor and strategic partner.
San Jose-based geniosAI emerged from stealth with $19.1 million in combined seed and Series A funding from FactSet, Zoom and General Catalyst, the company said on 9 November. FactSet is the lead investor and a strategic partner.
geniosAI provides a financial intelligence platform for finance and investment teams. Its software records the sources, calculations, assumptions and review decisions behind financial analysis, allowing users to trace and verify figures.
The companies plan to combine FactSet data with geniosAI's analysis platform. geniosAI says finance and investment teams at Fortune 500 banks and technology companies already use its software to prepare for earnings and compare results with peer performance and analyst expectations.
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