AI-driven data analytics firm Auquan has raised an additional $4.5 million in its seed funding round, led by Peak XV’s Surge, with support from existing investor Neotribe Ventures.
This funding brings Auquan’s total seed capital to $8 million.
The funds will support the expansion of Auquan’s engineering team and accelerate the development of its RAG (Retrieval-Augmented Generation) and AI agent systems, which aim to automate complex tasks, according to the company.
About Auquan:
Founded in 2016 by Chandini Jain and Shubham Jain, Auquan specializes in streamlining multi-step workflows in the financial sector.
The platform leverages AI-driven architecture to provide reliable, precise insights for asset management firms, investment banks, and private equity companies, including clients such as UBS, Federated Hermes, and BC Partners.
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Auquan’s RAG-based system simplifies complex tasks by breaking them into manageable steps, helping financial institutions conduct in-depth analysis and improve decision-making processes.
Auquan’s platform supports operations in the top 30 GDP-contributing countries, including regions like India, the USA, the UK, Europe, Latin America, Southeast Asia, and China.
Financial institutions globally use Auquan’s AI-powered SaaS solution to enhance workflows in areas such as investment, credit, due diligence, risk monitoring, and ESG, enabling faster, more informed decisions that enhance performance.
