Ex-Goldman analysts raise $22 million for AI startup LinqAlpha

Published: 2026-07-03T12:36:45.000Z

The well-worn path from Wall Street to the startup world has produced another sizeable funding round. LinqAlpha, an AI research company founded by former Goldman Sachs analysts and MIT computer science PhDs, has closed a 22 million dollar Series A co-led by AVP, Atinum and GFT Ventures.

The well-worn path from Wall Street to the startup world has produced another sizeable funding round. LinqAlpha, an artificial intelligence research company founded by former Goldman Sachs analysts and MIT computer science PhDs, has closed a 22 million dollar Series A, first reported by Bloomberg and confirmed this week by the company. The round was co-led by AVP, Atinum Investment and GFT Ventures, with financial institutions from Japan, South Korea, Southeast Asia, Hong Kong and India joining in, and it lifts the firm's total funding to roughly 28.6 million dollars. The startup's journey has been anything but smooth, taking in two rebrands and three different headquarters since its founders walked away from investment banks and quantitative funds in 2022. The team of Jacob Choi, Subeen Pang, Jin Kim and Hojun Choi has built what it calls an alpha intelligence layer for public markets, a platform that lets investment teams deploy AI agents trained on their own research history and investment framework. Rather than simply retrieving documents faster, the system is meant to connect the dots between earnings calls, filings, social media chatter and market moves, surfacing signals before they are priced in. An analyst tracking a supply chain disruption in Asia, for instance, can link that event to a specific position and automatically pull up the relevant filings and past research. The traction is what makes the round credible. LinqAlpha says it now serves more than 70 financial institutions across the United States, Europe and Asia, including sell-side teams at major investment banks and buy-side names such as Causeway Capital Management and Schonfeld Strategic Advisors, with its buy-side clients collectively managing over five trillion dollars. Still, the competition is daunting. AlphaSense, used by roughly four in five top hedge funds, has raised 1.74 billion dollars since 2013, Rogo has pulled in 310 million dollars for investment banking workflows, and Hebbia and Prague's EquiLibre Technologies are circling the same territory. Against that backdrop, 22 million dollars is a modest war chest, which the company plans to spend on its global team, deeper data integrations and expansion across equities, macro, credit and multi-asset strategies. The Gulf is quietly becoming central to exactly this kind of business. Abu Dhabi and Dubai have spent the past few years pulling in hedge funds and quant firms through the ADGM and DIFC financial centers, with heavyweights including LinqAlpha's own client Schonfeld setting up regional offices, while sovereign investors such as ADIA, Mubadala and Saudi Arabia's PIF rank among the world's largest allocators to the strategies these tools serve. As more trading talent and capital concentrates in the region, demand for AI-native research platforms is following, making the Middle East an obvious next frontier for a company already spanning three continents.