Investor Technology Group, Inc.: Mosaic Raises $18M Series A To Build AI-Driven Operating System For Deal Makers
Summary
Mosaic, an AI-driven deal modeling platform for private markets, announced an $18 million Series A funding round led by Radical Ventures. The company intends to use the funds to enhance its product offerings across private equity, investment banking, and private credit, and to accelerate its expansion. Mosaic automates deal modeling analyses traditionally done manually in Excel, combining deterministic calculations with AI-driven workflows to improve speed and accuracy. Customers, including Warburg Pincus, Bridgepoint, and Evercore, have reported up to 20x faster completion of analyses and elimination of spreadsheet errors.
Mosaic’s key feature, Mosaic Autopilot, allows users to initiate model creation via email, with an AI agent generating a draft model within minutes. Radical Ventures Partner Ryan Shannon highlighted the platform’s potential to free up valuable time for investment professionals. Unlike probabilistic AI approaches, Mosaic focuses on replicable, audit-ready outputs and centralized data storage for improved decision-making.
The company plans to expand its team in engineering, product development, customer enablement, and go-to-market strategies, aiming to grow from 16 to over 40 employees by the end of 2026. Ryan Shannon and Troy Pospisil will join Mosaic’s Board of Directors, and John Megrue will serve as a strategic advisor.
(Source:Finanznachrichten.de)