AI data platform Alkymi secures funding from Cornerstone & Canaan

August 11, 2025

Alkymi, an AI-powered data workflow platform for financial services, has announced the completion of a strategic financing round.

The company raised an undisclosed sum in a round led by existing investors Cornerstone Investment Capital and Canaan Partners, with additional backing from SimCorp and Northwestern Mutual Future Ventures.

Alkymi’s technology helps financial institutions validate, integrate and analyse complex data sets, such as transaction notices, quarterly reports, loan agent notices and financial statements.

Using AI built for investment workflows, including machine learning, large language models and agentic AI, the platform automates processes, streamlines valuations, reduces risk and supports faster investment decision-making.

The company has also appointed Bob Greifeld, co-founder at Cornerstone Investment Capital and former chairman and CEO of Nasdaq, to its board of directors. Thomas Mosimann, director at Cornerstone, will become chairman of the board, while Bob Ward, CEO of QUODD, and Robert Greifeld Jr., director at Cornerstone, will also join as members.

Craig Schedler, managing director at Northwestern Mutual Future Ventures, said, “We invested in Alkymi after using the technology, and continue to experience its impact. Their team is helping solve complex data challenges, and delivering real innovation for our business.”

Bob Greifeld said, “Private markets are experiencing unprecedented growth and transformation, and Alkymi is uniquely positioned to lead it. Their ability to automate and structure complex data sets gives firms a real competitive advantage. I’m excited to join the board and help Alkymi scale its impact across the financial services industry.”

Alkymi CEO and co-founder Harald Collet said, “This strategic financing comes at a pivotal moment for Alkymi. The continued support from our world-class investors and clients, including Cornerstone, Canaan, SimCorp, and Northwestern Mutual, validates our mission to transform how capital markets teams operate in a data-driven world. We are excited to welcome Bob Greifeld to our Board.

“His deep expertise in capital markets and experience scaling fintech platforms will be invaluable as we enter our next phase of growth. We’re also pleased to welcome Bob Ward, Thomas Mosimann, and Robert Greifeld Jr. and look forward to their contributions as we continue to scale Alkymi.”