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Pinegap Raises $8 Million Led by Stellaris to Automate Equity Research with AI Agents

By , Funding & Deals Editor4 min read
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Analysts reviewing market charts on multiple monitors in an office

AI equity research platform Pinegap raised an $8 million Series A led by Stellaris Venture Partners, announced on August 8, 2026.

Key Facts

Key facts: Pinegap Raises $8 Million Led by Stellaris to Automate Equity Research with AI Agents
DetailValue
Deal size$8 M
StageSeries A
Lead investorStellaris Venture Partners
SectorPinegap
CoverageStartup Funding

Pinegap, an AI-powered equity research platform, has raised an $8 million Series A led by Stellaris Venture Partners, announced on August 8, 2026. Existing investors Inventus, Silicon Valley Quad and DeVC also participated.


Key Takeaways


  • Deal size: $8 million Series A
  • Lead investor: Stellaris Venture Partners
  • Founded: 2024 by Deepak Sharma and Ankit Varmani
  • Customers: hedge funds and institutional investors
  • Use of funds: go-to-market, engineering and an in-house analyst team

  • What Pinegap Does


    Pinegap builds AI agents that take on the recurring parts of an analyst's week — earnings transcript digestion, model updates, comparable screening and filing monitoring — leaving judgement work to the human. The company is hiring former sell-side analysts internally to supervise output quality.


    Questions Readers Ask


    Who founded Pinegap?


    Deepak Sharma and Ankit Varmani founded the company in 2024.


    Who are its customers?


    Institutional investors, including hedge funds, that run recurring research workflows.


    Why It Matters


    Financial research is one of the few AI categories where output can be checked against a ground truth within a quarter. That makes it a faster proving ground for agentic products than most enterprise software.

    pinegapartificial intelligencefintechseries aindia startupsaugust 2026

    Reported by Rohit Menon. Spotted an error in this story? Request a correction or email corrections@startupory.com. See our editorial policy.

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