Rogo Technologies Inc., an AI startup focused on automating financial analysis, has closed a $160 million Series D funding round led by Kleiner Perkins, with participation from Sequoia, Khosla Ventures, and Morgan Growth Equity Partners.
The company’s platform uses custom-trained large language models to automate repetitive tasks like generating reports, building financial models, and conducting due diligence-all through a ChatGPT-like interface. It pulls data from internal systems and external sources such as FactSet.
Recently, Rogo acquired Offset Inc. to strengthen financial modeling capabilities and launched an internal AI agent named Felix. This agent can update reports automatically, for example, when Apple Inc. reports earnings. Felix customizes information based on the user’s role.
Rogo’s platform also includes audit trails and access controls, with an internal tool called Sisyphus scanning for vulnerabilities daily.
With over 35,000 financial professionals at more than 250 institutions using its platform, Rogo plans to use the new capital to expand internationally and grow its deployment and engineering teams.