Auquan secures £3.5m led by Peak XV to expand its engineering and sales teams.
Peak XV led the seed extension, which brings the company total seed financing to $8m.
Auquan provides an artificial intelligence platform designed to automate complex knowledge work for financial services firms. Its technology helps major asset managers and banks streamline tasks like credit memos and risk monitoring.
Auquan has secured £3.5m in fresh funding to support the expansion of its engineering and sales operations. Peak XV led the seed round extension, with additional backing from returning investor Neotribe. The latest injection brings the company total seed financing to $8m.
Founded to tackle complex knowledge tasks in finance, the firm uses retrieval augmented generation and agent architecture to cut report generation times from days to minutes. Major financial institutions including UBS, Federated Hermes, and BC Partners use the software for due diligence, compliance, and investment memos.
From the founder
"In an industry where billions can be gained or lost in moments, time is the most valuable asset. Auquan gives it back. By automating the repetitive work that consumes most of the day for finance professionals, we’re unleashing productivity on an industrial scale. Three years from now, the brightest minds in finance will look back and wonder why they ever had to spend days sifting through hundreds of documents and typing up lengthy reports and memos."
Chandini Jain
Co-founder and CEO at Auquan
Investor perspective
"Auquan’s remarkable growth and customer traction validates our belief that they’re uniquely positioned to solve a critical challenge in finance: freeing highly skilled teams from the grind of wading through noisy data, performing undifferentiated work to support high-impact decisions.Their RAG-based AI agent architecture is truly transformative, allowing professionals to focus on strategic, meaningful work while enabling firms to gain a competitive edge. We’re thrilled to support Auquan as they revolutionize deep work productivity and decision-making in finance."
Swaroop Kolluri
Founder and General Partner, Neotribe
Use of funds
- 01Grow the team
- 02Invest in sales and marketing
