Friday, November 22, 2024
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Tegus: Raises USD20M Investment from Positive Sum

Tegus Raises USD20M Investment from Positive Sum

  • Tegus, a Chicago, Illinois-based research platform for institutional investors, raised $20m in funding
  • Patrick O’Shaughnessy’s Positive Sum joined existing investors IGSB, Oberndorf Enterprises, and Willoughby Capital
  • The company is a research platform for institutional investors
  • This funding announcement comes weeks after the company acquired Canalyst, expanding their core solution offering to include accurate, customized, and downloadable models on companies and industries
  • In addition to the investment, O’Shaughnessy will join the company’s Board as an Observer

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