Friday, August 22, 2025

Daloopa Raises $13M to Advance AI Data in Finance Sector

Related stories

EliseAI Raises $250M Series E to Automate Healthcare

EliseAI, a rapidly growing AI company automating healthcare and...

Zed Secures $32M Series B to Advance AI Coding Vision

Zed Industries, the company behind the high-performance open-source code...

Rackspace launches RAISE, an AI engine for real-time cyber defense

AI enhancements enable 24/7 Threat Detection and Response and...

Zscaler & CrowdStrike Expand Partnership for AI Security Ops

Zscaler, a global leader in cloud security, has announced...

Aalo Atomics Raises $100M to Build Modular Nuclear Plants for AI

Aalo Atomics, the company building fully modular nuclear plants...
spot_imgspot_img

The funding supports the global expansion of Daloopa’s AI-ready foundational data platform and the launch of the new Model Context Protocol (MCP), now integrated with Anthropic’s Claude for Financial Services

Daloopa, the AI-powered fundamental data platform trusted by the world’s leading equity investment and research teams, announced a $13 million strategic investment to meet the growing demand for high-quality data powering large language models (LLMs) and AI agents in the financial services industry. Participants in the round included existing and new investors such as Pavilion Capital.

As institutions increasingly embrace AI, the shortcomings of public web data are becoming clear: false positives, inaccuracies, and the inability to link results to reliable sources. Daloopa tackles this problem at its core.

The recently launched Model Context Protocol (MCP) bridges the gap between LLMs and structured, complete financial data. Daloopa covers nearly 4,700 public companies worldwide and delivers up to 10 times more data points per company than other providers. Each data point is hyperlinked to the original source (documents, footnotes, presentations, and transcripts), making it fully auditable.

Also Read: PingCAP & Microsoft Azure Team Up to Boost Distributed SQL

“We are entering an era where AI is no longer optional in the financial industry. However, accuracy and verifiability are undeniable,” said Thomas Li , CEO of Daloopa . “We are grateful for the trust the Pavilion Capital team has placed in Daloopa, allowing us to support hedge funds, banks, mutual funds, and corporates in developing AI tools without compromising data integrity. With our AI-powered data platform, Daloopa is the essential foundation for any analyst building an AI-based research stack.”

Daloopa’s MCP is already integrated with Anthropic’s Claude for Financial Services . It is LLM-agnostic and supports Claude, OpenAI’s API, and other AI platforms using the MCP Standard Protocol. Daloopa’s MCP also enables a custom Daloopa GPT, accessible through OpenAI’s GPT directory.

Daloopa‘s MCP supports a wide range of analytical AI workflows, from hedge funds mapping quarterly inflections and simulating scenarios to private equity and valuation teams generating instant comparisons, and equity researchers creating reports with full traceability back to the source. Strategy and AI leaders also rely on MCPs to accelerate internal adoption and eliminate manual cleanup.

Source: PRNewswire

Subscribe

- Never miss a story with notifications


    Latest stories

    spot_img