Fundraising Fox

LinqAlpha

Techstars '23

Cambridge, US · Founded 2022 · Delaware corporation · 40 employees on LinkedIn · 10 known investors

LinqAlpha provides an AI-powered platform for automating investment research and financial data analysis for asset managers and investment professionals. The platform synthesizes global financial information to deliver insights for fundamental investing.

Also known as Linq

Founders & leadership

LinqAlpha was founded in 2022 by Chanyeol Choi and Jin Kim.

CCChanyeol Choi
Chanyeol ChoiCo-founder
JKJin Kim
Jin KiminFounderFounder of LinqAlpha, an AI-powered platform that automates investment research and financial data analysis for asset managers and investment professionals. He works on building custom agents, workflows, and knowledge graphs for investment firms.
HCHojun Choi
Hojun ChoiExecutive

Board

CK
Cheuk KimBoard director
MC
Mincheol ChaBoard director

Investors · 10

Also in the syndicate · 6

Atinum InvestmentleadAVPleadMirae Asset CapitalMirae Asset Venture InvestmentSamsung SecuritiesSV Investment

Reported raises · per SEC filings

Form D private placements

$28M disclosed across 2 of 3 rounds · 2023–2026

$22MraisedJul 2026 · 12 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Chanyeol ChoiExecutive Officer, Director, Promoter
  • Mincheol ChaDirector
  • Cheuk KimDirector
  • Hojun ChoiExecutive Officer
  • Manish AgarwalDirector
Offering amount
$22.5M
Amount sold
$22M
First sale
May 2026
Incorporated
Corporation, Delaware, 2022
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$6MraisedNov 2023 · 6 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Mincheol ChaDirector
  • Chanyeol ChoiExecutive Officer, Director, Promoter
Offering amount
$6.1M
Amount sold
$6M
Proceeds to insiders
$100K
First sale
Oct 2023
Incorporated
Corporation, Delaware, 2022
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

LinqAlpha is an AI company building what it calls the "Alpha Intelligence Layer" for global public markets. Its platform lets hedge funds, asset managers and investment banks deploy specialized AI agents that learn a team's own investment framework and thesis history, rather than relying on a generic model, and synthesize structured and unstructured data into research output. The company positions the product around automating complex, multi-step investment research so analysts can surface market-moving signals before they are reflected in consensus.

The core product, LinqAlpha Terminal, unifies company fundamentals, global share prices, earnings transcripts, macroeconomic releases, ETFs and funds, analyst estimates and revisions, global filings, FX/commodities/treasuries, ownership data, internal documents and real-time web search into a single research environment. It interprets a query's entity, intent and required sources, pulls market data and signals, searches filings and internal documents, and runs purpose-built workflows, returning source-linked outputs that users can verify. Features include automated multi-step workflows, a persistent workspace, cross-model delegation and session continuity. Common use cases cited by the company are market signal monitoring, company screening, fundamental analysis, sentiment and trend tracking, and competitive landscape analysis.

The company states it reasons across 139+ countries and tens of thousands of companies in native languages, processing 30+ languages. It emphasizes enterprise security, listing SOC 1 and SOC 2 Type 2, ISO 27001, secure cloud infrastructure, zero data retention agreements, end-to-end encryption, audit logging, token-based authentication on encrypted API gateways and multi-factor authentication.

Founding story

The company was founded in 2022 by Jacob Chanyeol Choi, Subeen Pang, Jin Kim and Hojun Choi, combining former Goldman Sachs analysts and MIT computer science PhDs. Co-CEO Hojun Choi studied Business Administration and International Relations at Seoul National University, served as an intelligence analyst in the Republic of Korea Army, worked in asset-backed financing and strategic equity derivatives at Goldman Sachs in Hong Kong, then moved to Macquarie Group's infrastructure and real assets division, and previously led the legal technology venture Law&Good as President/CSO. He has described the idea for LinqAlpha as emerging from the recognition that generative AI could help financial professionals handle an explosion of structured and unstructured data beyond human memory and attention limits. Co-CEO Jacob Chanyeol Choi holds an MIT EECS PhD and previously worked at Qualcomm CDMA Technologies; both co-CEOs are Forbes 30 Under 30 honorees.

Business model

Enterprise software sold to financial institutions, with the platform deployed to sell-side sales, trading and research teams at investment banks and to buy-side asset managers and hedge funds; the company markets demos to prospective institutional clients.

Sold to institutional financial firms as a research platform; specific pricing terms are not disclosed.

Traction

The company reports serving more than 70 financial institutions across the U.S., Europe and Asia as of July 2026, including buy-side clients Causeway Capital Management LLC and Schonfeld Strategic Advisors LLC, whose collective assets under management exceed $5 trillion. An earlier founder profile cited 90+ global clients. Website figures state coverage of more than 57,000 companies across 120+ (elsewhere 139+) countries.

Latest developments

In July 2026 LinqAlpha announced a $22 million Series A anchored by AVP, Atinum Investment and GFT Ventures, describing the round as oversubscribed, with proceeds earmarked for expanding its global team under its new New York headquarters, deepening integrations across market and alternative datasets, and extending its multi-agent platform across equities, macro, credit and multi-asset strategies. The company has also announced the launch of LinqAlpha AI Lab, focused on when investors can trust AI systems, and said it was named Best AI Solution at the 2026 Hedge Fund Services Awards.

Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

Competes in a well-funded segment of applied AI for financial research. Coverage contrasts LinqAlpha's roughly $28.6 million in total funding with AlphaSense ($1.74 billion raised since 2013, including a $350 million Series F in June 2026, and used by about 80% of top hedge funds), Rogo ($310 million, focused on investment-banking workflows), Hebbia as a general-purpose research agent, and Prague-based EquiLibre Technologies, which raised a Series A at a valuation above $500 million in 2026. The broader AI-in-finance market is projected at $38-45 billion in 2026, potentially reaching $190 billion by 2030.

LinqAlpha positions its edge in depth rather than breadth: agents trained on each client's own thesis history and prior research instead of a single generic model for all users, source-linked and verifiable outputs, native-language reasoning across many markets, hyperverticalized pre-configured workflows that mirror how analysts evaluate investments, and features such as acting as a "devil's advocate" to counter confirmation bias. Press coverage notes its funding is modest relative to better-capitalized competitors and that whether this differentiation holds up remains unclear.

Technology

A multi-agent AI system combining generative AI and retrieval-based methods. The platform interprets queries, retrieves market data and signals, searches filings and internal documents, executes multi-step computation and reasoning, and delegates across models, producing source-linked outputs. It ingests filings, earnings transcripts, news, social media and proprietary internal datasets, processes 30+ languages natively, and supports agents that adapt to a client's investment framework and feedback. Security architecture includes zero data retention, end-to-end encryption, audit logging, secure API gateways with token-based authentication and enterprise MFA.

Go-to-market

Direct enterprise sales to institutional investors, with demo requests on its website; adoption spans sell-side sales, trading and research teams at investment banks and buy-side asset managers and hedge funds. Visibility is supported by press releases, industry awards and founder media appearances.

Hedge funds, asset managers, investment banks and other institutional investment professionals, including sell-side sales, trading and research teams and buy-side investment teams.

Geography

Headquartered in New York after earlier bases in Cambridge, Massachusetts and Boston, with founders having worked between Seoul and the US. Clients span the U.S., Europe and Asia, and the Series A syndicate included investors across Japan, South Korea, Southeast Asia, Hong Kong and India.

History

Founded in 2022 as "Linq" in Cambridge, Massachusetts, by founders who left investment banks and quantitative funds to build an AI platform analyzing earnings calls, filings and social media for hedge fund analysts. The company raised $6.6 million in 2024, led by InterVest and Atinum, reported as a seed round. It subsequently rebranded and relocated, having been described as Boston-based while founders worked between Seoul and the US, and is now headquartered in New York. In July 2026 it announced a $22 million Series A, bringing reported total funding to roughly $28.6 million.

Risks & controversies

Press coverage highlights that LinqAlpha's capital base is far smaller than that of leading competitors and questions whether $22 million is sufficient to build a durable data advantage and win institutional trust. The company's funding history has also been reported inconsistently, with the 2024 $6.6 million raise first described as a seed round and later labeled a Series A by some trackers, while the company calls the 2026 round its Series A.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Buy-side client assets under managementJul 2026$5T
Companies coveredJan 202657,663 companies
Countries coveredJan 2026139
Financial institution clientsJul 202670 institutions
Global clientsJan 202590 clients
Languages processed nativelyJan 202630 languages
Total funding raisedJul 2026$28.6M

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 7

by search overlap
Seeking Alpha29 shared keywordsSeeking Alpha is a financial research platform offering stock analysis, market news, investment ideas, and quantitative ratings across asset classes, drawing on a large community of contributing analysts. It serves individual and professional investors seeking research and data-driven insight on stocks and markets.
Hugging Face19 shared keywordsHugging Face is a collaboration platform that hosts and provides access to machine learning models, datasets, and applications. It offers both open-source tools for the ML community and paid compute and enterprise solutions for teams building AI applications.
Scale AI10 shared keywordsScale provides high-quality training data, model evaluations, and full-stack AI systems for enterprises and governments to build and deploy AI applications. The company supplies data annotation, RLHF, benchmarking, and red-teaming services for machine learning models.
OpenRouter10 shared keywordsOpenRouter operates an AI gateway that allows developers to access and compare hundreds of language models from multiple providers in a single platform. The service eliminates vendor lock-in while offering improved pricing, uptime, and reliability for companies and developers.
LLM Stats9 shared keywordsllm-stats.com provides open, reproducible evaluation and benchmarking infrastructure for large language models and AI systems. The platform aggregates 200+ benchmarks and enables performance comparisons across frontier AI models to support informed decision-making by researchers, enterprises, and model developers.
Intelligent Alpha9 shared keywordsIntelligent Alpha builds AI-powered investment portfolios through its investment engine, Investor X, offering long-only and long/short strategies for qualified investors. The company uses AI models and ongoing research to manage portfolios, operating in the asset management and investment technology space.
Vellum9 shared keywordsVellum builds AI development tools and platforms for teams building AI applications. The company focuses on helping customers navigate the rapidly evolving AI landscape through products and expertise.

Companies competing with LinqAlpha for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 6

launches, deals, and filings
Jul 2026
LinqAlpha raises $22M Series A anchored by AVP, Atinum Investment and GFT Ventures

LinqAlpha announced an oversubscribed $22 million Series A to expand its global team, deepen market and alternative data integrations, and extend its multi-agent platform across equities, macro, credit and multi-asset strategies.

$22M source ↗

Jul 2026
Headquarters relocated to New York

After starting in Cambridge, Massachusetts and later being described as Boston-based, the company is now headquartered in New York and will use new capital to expand its global team there.

source ↗

Jan 2026
Named Best AI Solution at the 2026 Hedge Fund Services Awards

LinqAlpha announced it was named Best AI Solution at the 2026 Hedge Fund Services Awards.

source ↗

Jan 2026
Launch of LinqAlpha AI Lab

The company announced LinqAlpha AI Lab, addressing when investors can trust AI systems.

source ↗

Jan 2024
$6.6M seed round led by InterVest and Atinum

The company raised $6.6 million, first reported as a seed round; the company's about page also cites $6.6M in funding backing the platform.

$6.6M source ↗

Jan 2023
Co-CEO Hojun Choi named to Forbes 30 Under 30

Forbes named co-founder and co-CEO Hojun Choi to its 30 Under 30 list in 2023; the company's about page also lists Forbes 30 Under 30 recognition for co-CEO Jacob Chanyeol Choi.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Legal entities · 1

corporate structure
LinqAlphaDelaware

In the news

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does LinqAlpha do?
LinqAlpha builds a multi-agent AI research platform that helps institutional investors surface signals in global public markets.
Who founded LinqAlpha?
LinqAlpha was founded by Chanyeol Choi, Jin Kim in 2022.
Who are LinqAlpha's investors?
LinqAlpha's investors include Atinum Investment Co. Ltd., Betatron Venture Group, GFT Ventures, Techstars.
How much funding has LinqAlpha raised?
LinqAlpha has disclosed $28M raised across 2 of its 3 known rounds.
Where is LinqAlpha headquartered?
LinqAlpha is headquartered in Cambridge, US.