Rogo

On February 16, 2024, Rogo announced a $7 million seed round led by AlleyCorp with participation from Company Ventures, BoxGroup, and ScOp Ventures. Rogo said its mission was to help financial institutions deploy bespoke generative AI; believing that unlocking true value from AI requires purpose-built tooling for each firm, it works closely with clients to address full workflows and real pain points, and its team is made up of ex-hedge fund analysts, ex-bankers, and ex-private equity investors.⁠[1][1][1][1][1]

In March 2024, Gabe Stengel appeared on First Time Founders, a show from Scott Galloway’s Prof G Media hosted by Ed Elson, and Rogo was featured on Morning Brew’s Our Future podcast; Stengel also appeared as a panelist at an AI roundtable held by Fundamental Edge. In the Prof G Media interview, Stengel said full automation was still a long way off and that Rogo replaces work, not people.⁠[2][3][4][2][2]

On April 9, 2024, Rogo published an FAQ explaining that it had fine-tuned large language models for financial services, ingests millions of earnings call transcripts, company filings, investor presentations, and news articles daily, and can integrate firms’ internal memos, presentations, and contracts; every research result comes with in-line citations for each point, and when no source can be found it gives no answer, limiting hallucination. Rogo said that, according to Patronus AI’s FinanceBench, it was 2.42 times more accurate than ChatGPT for financial use cases.⁠[5][5][5][5][5][5]

On October 1, 2024, Rogo announced an $18.5 million Series A led by Keith Rabois at Khosla VenturesKhosla VenturesKhosla Ventures (KV) is an American venture capital firm founded in 2004 by Vinod Khosla, the founding CEO of Sun Microsystems, and headquartered in Menlo Park, California. It made heavy early bets on clean technology, became OpenAI’s first venture capital investor in 2019, and its portfolio also includes companies such as DoorDash, Block (formerly Square), Impossible Foods, and Rocket Lab.Open the full entry, with participation from Jack Altman, Mantis VC, BoxGroup, Company Ventures, ScOp Venture Capital, Original Capital, and others, and Rabois joined Rogo’s board. Stengel recalled that as an investment banking analyst at Lazard, what frustrated him most was not the long hours but how hard it was to become as smart and knowledgeable as the senior dealmakers; he defined Rogo’s mission as making firms and people smarter.⁠[6][6][6][6][6][6]

Since launching that February, Rogo had raised $26 million in total, doubled its headcount to about 30 employees, partnered with 25 firms nationwide including investment banks, private equity firms, and hedge funds, and saved users an average of about 400 hours per year; it then offered three products: AI Analyst, built on large language models; an Agent Framework for workflows such as PowerPoint creation, research compilation, private company screening, benchmarking analysis, and Excel modeling; and Rogo Platform, which firms’ technical teams can use with APIs and SDKs to build internal solutions.⁠[6][6][6][6][6][6][6]

On April 30, 2025, Rogo announced a $50 million Series B led by Thrive Capital, with new investors including J.P. Morgan Growth Equity Partners, Tiger Global, and Patrick O’ShaughnessyPatrick O’ShaughnessyPatrick O’Shaughnessy is an investor and podcast host who has hosted the interview show Invest Like the Best since 2016, founded the early-stage investment firm Positive Sum in 2020 and serves as its CEO, and is also founder and CEO of the media company Colossus.Open the full entry’s Positive Sum Ventures, and continued participation from existing investors including Khosla Ventures, BoxGroup, and AlleyCorp, bringing total funding to $75 million. Rogo’s listed clients at the time included Lazard, Moelis, Tiger Global, GTCR, Nomura, Raymond JamesRaymond James FinancialRaymond James Financial, Inc. is a diversified financial services company in the United States that provides wealth management services to individual clients through a network of employee and independent financial advisors, and also operates investment banking and capital markets, asset management, and banking businesses.Open the full entry, and Siris Capital, and it said its team included former Gemini AI researchers, Citadel quants, and Blackstone investors; the new funds would go toward developing secure financial reasoning models and autonomous agents.⁠[7][7][7][7][7][7]

On August 20, 2025, Rogo and the London Stock Exchange Group (LSEG) announced a strategic partnership: LSEG data would be integrated into the Rogo platform, with interoperability between LSEG Workspace and Rogo, so that Rogo customers with a Workspace license could access LSEG data in real time; the first datasets included company fundamentals, estimates, and an M&A database covering more than 1.5 million global transactions.⁠[8][8][8][8]

On September 3, 2025, Rogo announced the acquisition of the spreadsheet agent company Subset, to offer in its platform a spreadsheet agent that understands financial models, connects to data, and integrates into workflows, capable of building models from scratch, rolling them forward, swapping comps, and explaining and fixing errors. Subset was founded by Jason Chan and AJ Nandi and backed by Index Ventures; Chan was previously an investment banker at Bank of America and an investor at Providence Equity Partners, and Nandi studied computer science at the University of Pennsylvania and invested at Insight Partners.⁠[9][9][9][9]

On October 8, 2025, Rogo announced that Rahul Rekhi had joined as President, leading key priorities in strategy, finance, and development and helping scale the organization. Rekhi previously worked as a policymaker and regulator at the White House, the U.S. Treasury Department, and the World Bank, and advised on about $200 billion of transactions at Lazard, where he became the firm’s youngest-ever managing director; Stengel said he had met Rekhi at Lazard.⁠[10][10][10][10][10]

On January 28, 2026, Rogo announced a $75 million Series C led by Sequoia Capital, with participation from Henry Kravis and Wells Fargo and continued support from Thrive Capital, Khosla Ventures, Tiger Global, and J.P. Morgan, bringing total funding to more than $165 million; it also opened its first international office in London, led by co-founder John Willett, to accelerate its expansion into Europe. Stengel said that more than 25,000 financial professionals were using Rogo daily, at firms including Rothschild & Co, Jefferies, and Lazard; he recalled that four years earlier the company had asked some of the best firms to try its product.⁠[11][11][11][11][11][11]

On March 12, 2026, Rogo announced the acquisition of Offset, an HF0-backed AI agent company founded by Raj Khare and Shiv Shrivastava. Offset had spent about eighteen months developing learning agents that operate directly inside investment banking, private equity, hedge fund, and corporate finance workflows, and its technology would be integrated into the Rogo platform.⁠[12][12][12]

On March 23, Rogo further announced that earlier that year it had brought in the team from Plux, a London-based AI company, to strengthen its coverage of UK and European markets. Plux built systems monitoring long-form information such as filings, lender updates, court documents, and company disclosures, and was founded by Deepak Guneja and Pratyush Chaudhary, who joined Rogo to help expand its engineering team in Europe.⁠[13][13][13][13][13]

On April 29, 2026, Rogo announced $160 million in new financing (Series D) led by Kleiner Perkins, with participation from Sequoia, Thrive Capital, Khosla Ventures, J.P. Morgan Growth Equity Partners, BoxGroup, Mantis VC, Jack Altman, Evantic, and Positive Sum. Rogo said the funds would go toward deeper integrations, more “forward-deployed” bankers and engineers embedded within client firms, and continued expansion across EMEA and Asia.⁠[14][14][14]

On June 26, 2026, Rogo announced that it was one of the first launch partners for Microsoft Copilot in Excel, built for finance; shared customers of Microsoft Copilot and Rogo can use the investment banking, private equity, asset management, and equity research workflows Rogo has built directly within Excel.⁠[15][15][15]

In early August 2026, Rogo launched Deal Room for transaction execution; on August 11, it announced the acquisition of the AI due diligence company Rivanna, integrating its capabilities into Rogo’s agentic platform Felix so that users can work with data room contents within the platform, query tens of thousands of files with fine-grained citations, and manage Q&A and diligence tracking. Rivanna was founded by Richard Song (previously an investor at Bain Capital and an investment banker at Goldman Sachs), Jason Calem, and Josh Gen, and had already been used on hundreds of live transactions.⁠[16][16][16][16][16][16][16]

On September 1, 2026, Rogo announced the acquisition of Arvo, an AI meeting assistant built for financial institutions. Arvo is designed for the compliance requirements of institutional finance, with configurable controls for retention, meeting restrictions, sensitive content, and disclaimers, and was founded by Kunal Valrani, previously an investment banker and investor at The Raine Group, and software engineer Umer Haider; Rogo plans for information generated in meetings to flow directly into its platform, its Intelligence product, and deals.⁠[17][17][17][17]

On September 10, 2026, Rogo announced strategic investment from Barclays, BNP Paribas (through its venture capital arm Opera Tech Ventures), Citi Ventures, MUFG Innovation Partners, and Societe Generale, as well as from Sixth Street co-founder Josh Easterly; previous strategic investors include J.P. Morgan Growth Equity Partners and Truist Ventures, among others. Rogo said its cap table now included nine global banks headquartered in New York, London, Paris, and Tokyo, that its platform had been deployed for more than 50,000 professionals across more than 350 firms, and that it planned to expand its teams in EMEA and Asia-Pacific to hundreds of people in the coming months.⁠[18][18][18][18][18]

As of October 2026, Rogo says its platform is used by more than 450 financial institutions, offering hundreds of purpose-built financial agents that execute end-to-end workflows, with Forward Deployed Bankers, former bankers and investors who embed with client teams, supporting clients from trial through firmwide rollout; its offices include San Francisco, New York, London, Paris, Dubai, Singapore, Tokyo, and Sydney. Rogo has stated its goal of creating the biggest financial AI company on earth.⁠[19][19][19][19][20][21]

Rogo: Official website: https://rogo.com/ (opens in a new window).⁠[21]

X: Public account: https://x.com/RogoAI (opens in a new window)⁠[21]

LinkedInLinkedInLinkedIn is a social networking platform for professionals. It was founded in 2002 by Reid Hoffman and others, launched in 2003, and listed on the New York Stock Exchange in 2011; after Microsoft acquired it for approximately $26.2 billion in 2016, it became a wholly owned Microsoft subsidiary. Its revenue comes from membership subscriptions, advertising, and recruitment solutions.Open the full entry: Public profile: https://www.linkedin.com/company/rogoai/ (opens in a new window)⁠[21]