Farsight, a company specialising in automating workflows and insights for financial institutions, has raised $16m.
The round was led by SignalFire, with additional investment from RRE Ventures, Link Ventures and K5 Ventures. Several strategic angel investors also joined the round, including individuals from Blackstone, Oaktree, Searchlight, and Bank of America.
Farsight provides solutions for investment banking, private equity, hedge funds, and wealth management firms, allowing them to automate and customise workflows, integrate additional systems seamlessly, and build bespoke features to address enterprise-specific challenges. Its technology is designed to reduce manual, repetitive tasks often handled by junior and mid-level employees, enabling teams to focus on higher-value strategic decision-making.
The fresh capital will be used to further develop Farsight’s solution, rapidly expand its team, and broaden its customer and partner network. The company aims to scale its operations and meet growing demand as financial firms increasingly seek more efficient and intelligent operational tools.
Founded by MIT graduates Samir Dutta, Noah Faro, and Kunal Tangri, Farsight is positioned to address systemic inefficiencies across financial services. The firm points to industry estimates suggesting that over 40% of finance tasks could be automated, yet many professionals still spend substantial time on manual processes that delay actionable insights and strategic execution.
Farsight CEO Samir Dutta said, “Finance has been trapped in an endless cycle of inefficient processes that waste billions annually and contribute to high employee turnover. At Farsight, we’re solving a systemic problem—not just by automating tasks like CIM generation and DCF modeling to boost productivity and accuracy, but by empowering teams to execute faster, seize more opportunities, and bring more strategic value to the table. By freeing talent from the drudgery of manual work and surfacing new actionable ideas, we enable firms to operate with greater agility, win more deals, and scale intelligently.”
The company’s technology integrates directly into users’ existing workflows, allowing teams to maintain familiar behaviour patterns while improving efficiency. In 2024, Farsight recorded significant momentum, achieving a tenfold increase in revenue and a fivefold growth in its customer base.
SignalFire partner Wayne Hu said, “As recovering investment bankers ourselves, we immediately saw the power of Farsight to save countless all-nighters. Samir, Noah, and Kunal combine a unique blend of AI, security and trust, and deep user empathy themselves to build the end to end workflow, datasets, and controls needed to actually bridge the last mile problem for analysts across the finance sector and generate the self-reinforcing feedback loops to continually improve.”
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