Stratifi, the US-based developer of a risk assessment platform for investments, has attracted $7m in series A funding from investors including financial exchange operator Cboe Global Markets.
The round was led by investment firm Anthemis Group, with commitments from Wolverine Holdings, HOF Capital, AngelList and angel investors Mike Curcio, Matt Hougan, Matt Wyndowe and Luke Powell.
Stratifi has developed a software platform called Prism that uses machine learning to quantify each asset in an investment portfolio, compiling risk scores for each one that allow a client’s risk and return ratio to be balanced more comprehensively.
The series A capital will support the commercialisation of Prism, as Stratifi looks to create a marketplace for financial risk-related services as well as a service that will help educate advisors and investors about risk-adjusted investment.
Stratifi was formed by the merger of hedge fund management software startup Sliced Investing and risk management consultancy Loge Solutions, according to Financial Samurai. Its earlier investors include accelerator Y Combinator and venture capital firm Khosla Ventures.