Eksentricity

• Problem Identification: Li identified manual data entry inefficiencies in the financial industry while working at Point72.
• Solution Development: Daloopa, founded by Li, Huang, and Chen, uses AI to automate data extraction from financial reports.
• Funding and Growth: Raised $18M in Series B, led by Touring Capital, with Morgan Stanley and Nexus Venture Partners.

Impact

1. Efficiency Improvement: AI reduces the need for manual data entry, freeing analysts for more critical tasks.
2. Competitive Advantage: Daloopa’s tools help firms stay ahead by streamlining data discovery and analysis.
3. Customer Base: Primarily serves hedge funds, private equity firms, mutual funds, and banks.
4. Expansion Plans: Funding will support team growth, product R&D, and customer acquisition.
5. AI Development: Continuous algorithm improvement with increased training on financial documents.

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