AI finance platform Rogo has successfully closed a $160 million Series D funding round led by Kleiner Perkins, as reported by PRNewswire. The New York-based company's total funding now exceeds $300 million, positioning it among the best-funded specialist AI platforms in the financial services vertical. The funding round included participation from Sequoia Capital, Thrive Capital, Khosla Ventures, J.P. Morgan Growth Equity Partners, BoxGroup, Mantis VC, Jack Altman, Evantic, and Positive Sum. According to FinTech Global, the fresh capital will be directed towards accelerating Rogo's international growth, deepening ties with major financial institutions, and expanding its AI agent, Felix. The company has now achieved a $2 billion valuation, reflecting the growing market confidence in AI-powered financial solutions.
According to PRNewswire, Rogo builds AI systems specifically designed for financial workflows rather than horizontal office applications. The company's flagship agent, Felix, combines proprietary financial-reasoning models with deep integrations into internal and external data sources to automate research, modeling, and client communication. The platform currently serves more than 35,000 financial professionals at over 250 institutions, including Rothschild & Co, Jefferies, Lazard, Moelis, and Nomura, who generate what the company describes as 'analyst-grade' output in seconds. Rogo recently introduced Felix, its agentic AI that executes complex, multi-step financial processes autonomously, from deal screening and CIM generation to buyer outreach and data room diligence. As reported by FinTech Global, Felix is capable of handling complex, multi-step financial tasks without human intervention, spanning deal screening, CIM generation, buyer outreach and data room diligence.
As reported by PRNewswire, the new capital will fund deeper integration inside large institutions and expansion of on-site engineering and investment-banking teams. Rogo plans to accelerate expansion in European and Asian markets, where regulatory pressure on research, documentation, and client communication standards is rising alongside competition from local banks and fintechs. The company is positioned as the long-term AI transformation partner for institutions navigating the shift toward AI-native operations, delivering state-of-the-art agents, forward-deployed bankers and engineers, and deep domain expertise at the nexus of finance, security, legal, and regulatory issues. According to FinTech Global, clients include Rothschild & Co, Jefferies, Lazard, Moelis and Nomura, with use cases spanning origination, execution, advisory and portfolio intelligence.
According to Bloomberg, Rogo was founded by three young investment bankers who started coding an AI tool in a cramped Manhattan apartment in late 2021. Gabriel Stengel had just quit his job at Lazard Inc. to team up with fellow Princeton University computer science graduate John Willett, a former JPMorgan Chase & Co. banker, so they could work full-time around Stengel's kitchen table. The Series D follows a $75 million Series C led by Sequoia Capital earlier in 2026, with prior rounds led by Thrive Capital and J.P. Morgan Growth Equity Partners. The funding occurs at a time when AI in financial services is at an inflection point, with the world's leading financial firms moving to rebuild their operating models around AI. The investment reflects growing conviction that automated workflows will become embedded in regulated industries like finance rather than remain experimental, with Rogo being positioned as the category leader in AI for 250+ global investment banks and investment firms.
As reported by PRNewswire, Rogo is being positioned as a solution for banks and asset managers grappling with regulatory shifts toward stricter AML enforcement, mandatory security audits, and Basel-aligned prudential standards. The fact that J.P. Morgan is both an investor and user underscores that this represents not a pure startup bet but incumbents co-funding AI tools they expect to rely on as research and coverage expectations rise faster than they can hire. The platform addresses the challenge of keeping headcount and compliance costs under control while meeting escalating documentation and reporting demands, with Rogo's technical depth, proprietary data integrations, and genuine domain expertise setting it apart in the competitive landscape. According to FinTech Global, Kleiner Perkins partner Mamoon Hamid noted that Rogo has built an AI platform that the most demanding institutions in finance trust with their most critical workflows, with their combination of technical depth, proprietary data integrations, and genuine domain expertise setting them apart in the competitive landscape.
