IntelliBonds, a UK-based AI/human collaborative investment platform for fixed income institutional investors, has successfully secured its initial £300,000 funding target through its equity crowdfunding campaign on Seedrs. The funding round has already attracted nearly 250 investors.
Founded in 2018, IntelliBonds describes itself as a technology firm focused on delivering superior alpha and cost savings to Fixed Income institutional investors through cutting edge technological products.
“IntelliBonds product is a fully-automated Assistant solution that aspires to become a central intelligence unit for fixed income investors. Superior analytics combined with the wider market coverage improve the efficiency of your front office fixed income team and allow you to deliver highly customized investment strategies whilst operating with 20-30% lower cost base.”
IntelliBonds further explained that its solution is a set of modular AI Assistants (virtual workforce) that support workflow and augment decision-making of credit analysts, portfolio managers, and traders (in development).
“The platform learns about the users’ objectives and performs tasks on behalf of the user, allowing for analytics within a click of a button.”
Funds from the Seedrs round will be used for the following:
- Product development: £225,000 – mostly salaries.
- Distribution channels: £50,000 – mostly business partnerships, workshops, and commissions.
- Legal: £25,000 – mostly patents, trademarks, and other legal/advisory fees.
The company is now offering 10.71% in equity, with a £2.5 million pre-money valuation. The Seedrs campaign is set to close mid-August.
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