NOSIBLE, an AI startup specialising in asset management solutions, announced on Wednesday that it had secured $1 million in pre-seed funding. Atlantica Ventures led the round, which included additional contributions from strategic investors, including existing customers.

This funding will support the launch of nosible.ai, a platform featuring hyper-specialised AI agents designed to automate labour-intensive tasks for asset managers.

Stuart Reid, NOSIBLE’s co-founder and CEO, highlighted the transformative potential of their technology. He stated, “Our discovery offers an index that operates at a fraction of the cost of existing solutions while dynamically adapting to complex searches.” Reid emphasised NOSIBLE’s ability to reduce costs for large-scale AI search functions by up to 100 times compared to current methods.

The company’s innovation includes native pre-filtering, compression, streaming, bulk querying, and real-time hyperparameter tuning. These capabilities aim to make AI agents smarter by enabling them to conduct extensive searches efficiently.

Ik Kanu, Founding Partner at Atlantica Ventures, expressed confidence in NOSIBLE’s approach. He noted the company’s unique integration of quantitative finance, machine learning, and computer science expertise as a key factor for delivering specialised value to asset managers with high capital efficiency.

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Nosible Al enhances asset management

NOSIBLE’s platform introduces a competitive arena where hyper-specialised AI agents excel in specific tasks rather than relying on generalised models.

This approach is expected to improve the agents continuously through search interactions. The core premise behind the technology is that more searches lead to more innovative AI agents, enabling more profound insights and enhanced analytical capabilities for asset managers.

The funding will also be utilised to scale NOSIBLE’s sales operations and accelerate its go-to-market strategy. The addition of Axel Hörger as an advisor further strengthens the company’s position. Hörger brings extensive experience from leading financial institutions such as UBS and Goldman Sachs.

NOSIBLE aims to democratise access to advanced AI tools for portfolio managers and equity analysts. By leveraging curated datasets and neural search engines trained on over 120,000 data points per company across 42,636 public firms worldwide, the platform enables users to identify investment ideas tailored to their style across geographies and sectors.

With this funding milestone, NOSIBLE is poised to redefine how asset managers utilise AI for data-driven decision-making while enhancing operational efficiency globally.