Daloopa Secures $13 Million Investment to Enhance AI-Driven Financial Data Services
Daloopa, a cutting-edge data platform powered by AI, has officially announced a strategic $13 million investment aimed at addressing the rising demand for high-quality data necessary for language models (LLMs) and AI agents in the financial services industry. This funding round has seen participation from both existing and new investors, including Pavilion Capital.
Addressing the Challenges of Public Data
As financial institutions increasingly adopt AI technologies, issues with publicly available data have become apparent. These challenges include inaccuracies, lack of source verification, and presence of data gaps. Daloopa is committed to tackling these shortcomings, positioning itself as a reliable source for authentic financial data.
Introducing the Model Context Protocol (MCP)
The recently launched Model Context Protocol (MCP) bridges the gap between LLMs and meticulously structured financial data. Daloopa encompasses nearly 4,700 public companies worldwide and offers up to ten times more data points per entity compared to competitors. Each data point is meticulously linked to its original source—ensuring full auditability through robust records of bursts, footnotes, presentations, and transcriptions.
A Shift Towards Precision in Financial AI
“We are entering an era where AI is not optional in finance; precision and auditability are non-negotiable,” said Thomas Li, CEO of Daloopa. “We are thrilled with the confidence placed in us by Pavilion Capital, which allows Daloopa to empower hedge funds, banks, and investment firms looking to implement AI solutions without sacrificing data integrity. Our AI-focused platform is essential for analysts looking to create a robust AI research stack.”
Integration with Leading AI Platforms
Daloopa’s MCP has already been integrated into Anthropic’s Claude for Financial Services. The MCP is designed to be LLM-agnostic, supporting Claude, OpenAI’s API, and other AI platforms that adhere to the standard MCP protocol. Daloopa also offers personalized GPT solutions, available through the OpenAI GPT directory.
Enhancing Analytical Workflows with AI
The Daloopa MCP enhances a variety of AI analytical workflows, enabling hedge funds to identify quarter-over-quarter inflections, generate scenario simulations, and streamline capital assessments all while maintaining integrity through comprehensive source traceability. Furthermore, AI leaders are leveraging the MCP to expedite internal adoption and significantly reduce the need for manual data cleaning.
Strengthening Trust in Financial Data
This latest round of strategic funding reaffirms Daloopa’s commitment to delivering trustworthy LLM tools that enhance analysts’ workflows and accelerate the adoption of AI across organizations. By focusing on rigorous data integrity, Daloopa positions itself as a leader in the AI financial data landscape.