ExtractAlpha, a data-driven research firm aimed at institutional investors, has raised an undisclosed seed round of funding. The round’s investors are not named.
The investment was reportedly made at a $6m pre-money valuation.
The Hong Kong-based startups develops quantitative stock selection models to uncover new sources of value for institutional investors.
The research company partners with fintech data firms to identify investment value in their data sets and help investors profit.
ExtractAlpha previously raised a $41,000 round from Hong Kong incubator Cyberport.
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