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Rosenblatt Securities

Rosenblatt advises Digital Reasoning in strategic investment by Macquarie Group

February 14, 2019

Rosenblatt Securities is pleased to announce its role as financial advisor to Digital Reasoning in a strategic investment by Macquarie Group, as part of its Series D round of financing.  This round is an extension of its Series D-1 funding which was led by BNP Paribas and included Barclays, Square Capital, Goldman Sachs, Nasdaq, Lemhi Ventures, HCA and the Partnership Fund for New York City. Digital Reasoning - a leader in Artificial Intelligence (AI) for Language Process Automation and Human Behavioral Insights - is rapidly extending its success in Healthcare and Security/Intelligence into the financial services industry.  A number of prominent financial institutions around the world use the firm’s technology to derive insights from customer data and to conduct surveillance. Please click here for Digital Reasoning’s announcement.

Digital Reasoning has experienced considerable growth in the past few years and will continue to build on this momentum through product development and global expansion enabled by this funding. Partnering with Macquarie will help the firm develop new applications for financials services, while accelerating its expansion into Asia and Australia.

This transaction is part of a long and successful track record in Rosenblatt’s FinTech Investment Banking division, which helps innovative FinTech companies raise private and public capital to grow, as well as advises them on M&A. This raise for Digital Reasoning is the second we’ve completed in the AI/Machine Learning space, having raised funds for AI-driven intelligent advisor platform Lodestar Ecosytems from Seismic Foundry in the Fall.  We have also advised other FinTechs in raising capital across Robo Advisory, Alternative Lending and Capital Markets including Series B financing for Blooom and Visible Alpha, as well as debt financing for Snapcap.

Additionally, we have considerable experience in helping large Capital Markets firms such as CBOE, Bats Global Markets, Virtu Financial and Euronext with private equity and debt financing, strategic advisory services, and going public. Click here for a more comprehensive list of our recent transactions.

Please feel free to contact us should you have any questions on how we might be of assistance with your own advisory or financing needs. Look forward to staying in touch.

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