Thursday, November 21, 2024
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AI co-pilot solution Reflexivity raises $30m Series B led by Greycroft and IBKR

  • Funding Round: Reflexivity raised $30 million in a Series B round led by Greycroft and Interactive Brokers (IBKR).
  • Integration with IBKR: IBKR plans to integrate Reflexivity’s AI co-pilot solution into its trading platform to enhance analytics and decision-making tools.
  • Other Investors: Hedge fund managers Stanley Druckenmiller and Greg Coffey, along with General Catalyst and SoftBank’s Latin American investment arm, supported the round.
  • Company Background: Founded in 2019, Reflexivity (formerly Toggle AI) offers AI-powered tools for scenario testing, asset intelligence, charting, and portfolio management.
  • Previous Funding: Reflexivity previously raised $10.5 million in a Series A round in 2021, led by Greycroft.
  • CEO Statement: CEO Jan Szilagyi views this funding as a springboard for future growth.

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