Streetbeat raises $15m to scale AI for wealth managers

Streetbeat

Streetbeat, an AI-powered financial intelligence platform, has raised $15m in Series A funding to expand the use of its AI-driven trading solutions.

According to Finextra, the investment round was led by CDP Venture Capital through its AI Fund, with participation from TTV Capital, P101, Monte Carlo Capital, 3Lines VC, Azimut, and Evolution VC. This new capital injection brings the company’s total funding to $25m.

Founded to democratise access to advanced financial intelligence, Streetbeat develops AI agents that support trading, portfolio management, and client engagement. Its flagship product, StreetbeatPRO, allows wealth managers, financial institutions, and brokerages to automate key investment and advisory processes through off-the-shelf or customised AI agents.

The platform has already shown significant results, enabling financial advisors to expand their client base fivefold and increase assets under management (AUM) by as much as 15% per year. Currently, over 4,000 advisors across 15 countries use StreetbeatPRO, including major financial institutions such as FinecoBank, which manages more than $120bn in assets.

Streetbeat said the latest funds will support the growth of its technical teams in the U.S. and Europe, boosting product innovation and accelerating its international expansion. The firm is also planning to introduce its retail AI advisor to the European market by 2026, with several partners already in the integration phase.

The company’s proprietary AI system draws on data from over 170 sources and has demonstrated exceptional performance, achieving a 94.78% accuracy rate in benchmark testing. This performance outpaced competing AI systems by 30% while maintaining low operational costs of $0.10 to $0.15 per task.

Streetbeat CEO Damián Scavo said, “From the beginning, our mission has been to make the best financial intelligence available to everyone – both financial professionals and consumers. From an AI advisor that creates tailored portfolios for retail investors to customised AI agents that automate workflows for wealth managers and advisors, Streetbeat’s proven solutions are delivering strong ROI for our customers. This new funding will accelerate the next phase of our growth as we scale internationally and further advance our AI capabilities.”

Vincenzo Di Nicola, head of the AI Fund at CDP Venture Capital, said, “We invested in Streetbeat because it combines vision with substance: a cutting-edge AI multi-agent architecture and concrete adoption among advisors and institutions that are augmenting professional-level capabilities. We strongly believe in the team’s vision and its potential for global expansion, which could establish a new standard for the fintech industry.”

TTV Capital partner Neil Kapur added, “Damián saw the massive potential for AI in financial services early on, and since then, the Streetbeat team has worked relentlessly to align their capabilities with market needs. StreetbeatPRO has generated impressive traction in Europe, and it’s clear they are building a critical solution at the right time. We are proud to back Streetbeat as they continue to scale AI products that generate real value for financial professionals and retail investors.”

Streetbeat, a registered investment adviser with the SEC, is also SOC 2 Type I and Type II compliant, reflecting its commitment to data protection and operational excellence.

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