LinkAlpha, an AI-based institutional investment workflow platform company, said Tuesday it has completed a Series A funding round worth about 34 billion won ($22 million). The round was co-led by existing investor Atinum Investment and new investors GFT Ventures and AVP. Mirae Asset Venture Investment, SBI Investment, and SV Investment also participated.
Notably, venture capital and capital firms affiliated with major Korean financial groups, including Hana Ventures, Shinhan Venture Investment, and NH Investment & Securities, decided to participate as strategic investors (SI) based on the experience of their group's securities firms and asset management companies using LinkAlpha's services. The move is seen as an acknowledgment by the venture capital firms that the platform is an AI solution proven in the actual field of financial institutions, beyond simple financial investment.
LinkAlpha develops and provides an AI agent platform for institutional investors such as hedge funds, asset management firms, and securities companies. It integrates and analyzes information scattered across multiple sources—including market data, corporate disclosures, research materials, internal documents, and meeting records—on a single platform to support investment research and decision-making. The platform can flexibly utilize various AI models such as OpenAI, Anthropic, and Gemini depending on the purpose. In addition, its proprietary search and embedding technology ranked first in the world on the global AI benchmark "MTEB" in May 2024.
LinkAlpha currently counts among its clients various institutional investors, including global hedge funds and asset managers such as Fidelity, BNP Paribas, and Schonfeld. The company runs its global business from four bases in the United States, Korea, Hong Kong, and Singapore.
LinkAlpha plans to use the funds to expand recruitment of global AI and finance professionals and to accelerate the development of next-generation AI agent products. In the short term, the company aims to expand its global institutional investor client base, and in the long term, to establish itself as the standard AI infrastructure for institutional investment decision-making workflows.
"Most AI tools in finance are at the level of helping professionals find information faster or automate repetitive tasks," said Choi Chan-yeol, co-CEO of LinkAlpha. "LinkAlpha, on the other hand, will build agents that learn an investor's thinking structure, then reason in line with real-time market conditions and become more sophisticated with each interaction." Choi Ho-jun, co-CEO of LinkAlpha, said, "LinkAlpha's goal is to establish itself as a partner in institutional finance that designs, together with clients, an agent architecture that professional investors can trust and use amid a rapidly changing AI technology environment." He added, "This investment will serve as an important driving force to execute that vision more quickly in the global market."
