When Streetbeat began its journey three years ago, the idea of a machine parsing market movements, client emotions, and portfolio risk simultaneously sounded ambitious—even indulgent. But today, the Palo Alto–based startup is reshaping what advisory work looks like in financial institutions. And investors are taking notice.
The company has raised $15 million in a Series A round led by CDP Venture Capital through its AI Fund, with participation from TTV Capital, Monte Carlo Capital, and 3Lines VC. This brings Streetbeat’s total capital raised to $25 million, a substantial endorsement for a company that’s already powering wealth management operations across 15 countries.
Its flagship platform, StreetbeatPRO, allows financial advisors, institutions, and brokerages to deploy “agentic AI”—autonomous systems that handle tasks like portfolio analysis, investment strategy design, and risk management. Advisors using the platform have reportedly quintupled their client capacity and lifted their assets under management (AUM) by up to 15% annually.
“From the beginning, our mission has been to make the best financial intelligence available to everyone—both professionals and consumers,” said Damián Scavo, CEO of Streetbeat. “Our AI agents are already showing tangible ROI, helping advisors grow efficiently while maintaining performance standards that would be impossible manually.”
Streetbeat’s technology sits atop a proprietary AI engine trained on over 170 real-time financial data sets. Its benchmark accuracy—94.78% on complex task simulations—is a rare number in a sector where precision directly determines profitability. These “agents” not only communicate with clients or manage portfolios, but also connect to internal databases via APIs and interpret compliance or policy parameters on the fly. With a per-task cost between $0.10 and $0.15, Streetbeat claims to deliver both performance and scalability.
The platform’s adoption extends beyond boutique firms. A major European brokerage bank with over $120 billion in AUM has integrated StreetbeatPRO into its advisory operations. The company’s reach now spans markets including Germany, Italy, and South Korea, and its retail offering for U.S. investors allows AI-generated portfolios calibrated to time horizons, risk appetite, and market sentiment—showing average returns of 8% higher than manual trading.
“We invested in Streetbeat because it combines vision with substance—a real multi-agent architecture and measurable institutional traction,” said Vincenzo Di Nicola, Head of the AI Fund at CDP Venture Capital. “They are building a standard for what the future of fintech could look like globally.”
The new capital infusion will be used to expand Streetbeat’s technical teams in the U.S. and Europe, accelerating both product development and geographic scale. Streetbeat is registered as an investment adviser with the SEC and maintains SOC 2 Type I and II compliance, underscoring its push to institutional-grade reliability.
The company plans to launch its AI advisor in Europe by 2026, where integration partnerships are already underway. Neil Kapur, Partner at TTV Capital, added: “Streetbeat has managed to merge AI sophistication with financial practicality. They’ve proven that automation can serve nuance, not just scale.”
The Editorial View: Why This Matters
The asset management industry has been slower than most to embrace automation—not due to lack of technology, but because trust is a harder currency than returns. What Streetbeat has done is to find a credible entry point: augment the human advisor, rather than replace them. This subtle distinction—AI as a second brain, not a substitute—may explain why adoption has spread across traditional financial ecosystems.
If Streetbeat continues at its current growth rate, it could become one of the few AI-first fintechs that not only scales but institutionalizes. The use of agentic AI in portfolio management represents a significant evolution from the rule-based bots of the 2010s. These agents can reason, converse, and execute—enabling financial firms to manage thousands of personalized portfolios at once, a feat once exclusive to global wealth giants.
But the challenge ahead lies in regulation and differentiation. As Europe readies tighter AI oversight and the U.S. eyes algorithmic accountability in financial services, Streetbeat’s ability to stay compliant while innovating will define its staying power. Its success won’t just hinge on technology, but on whether clients—and regulators—trust algorithms to make smarter decisions than humans ever could.
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