San Jose based geniosAI has raised $19.1 million in combined seed and Series A funding to build artificial intelligence that shows financial institutions exactly how it reaches every answer.
FactSet led the Series A round and is also geniosAI’s strategic partner. Zoom and General Catalyst also invested in the round, which the company announced on 9 November. It did not disclose the split between the two rounds or its valuation.
What geniosAI builds
geniosAI builds a financial intelligence platform for banks, investment teams and the office of the CFO. Its system combines a financial ontology, AI agents and traceable orchestration to deliver investment research and modelling with the reasoning shown.
Every figure in its analysis traces back to the source it came from. The assumptions, methods and review decisions behind each piece of work stay with the firm, so expertise carries forward instead of leaving with the person or the project.
The platform is already in use with finance and investment teams at leading Fortune 500 global banks and technology companies. They use it to prepare for earnings, compare results with peers and analyst expectations, and anticipate the questions analysts are likely to ask.
Why FactSet’s backing matters
FactSet brings its financial data into geniosAI’s platform as part of the partnership. The two companies aim to give finance and investment teams analysis they can trace to its source, review, verify and build on.
FactSet serves more than 9,200 global clients and over 260,000 individual users across investment management, banking, wealth management, private equity and corporate finance. It is a member of the S&P 500 with a presence in 20 countries.
Zoom is also part of the round. Its technology powers the conversations where financial decisions are made, from internal finance reviews to earnings calls, and geniosAI brings financial intelligence into those conversations.
A founder who has built AI products before
geniosAI is co-founded and led by chief executive Prabhdeep Singh, known as PD Singh. He previously served as vice president of software products at SambaNova Systems and as head of AI products at UiPath, where he founded the company’s AI business and led it through its public listing.
Before UiPath, Singh spent about a decade at Microsoft, where he managed the deep learning team and built a business group focused on AI for sales and marketing. He holds a master’s degree from Stony Brook University and holds multiple patents.
A market moving toward traceable AI
The funding lands as financial institutions weigh how far to trust AI-generated analysis. Polaris Market Research values generative AI in financial services at $1.86 billion in 2025 and estimates it will reach $2.50 billion in 2026, growing to $27.22 billion by 2034.
“A financial answer is only useful if you can show how you got there.”
Prabhdeep (PD) Singh, Co-Founder and Chief Executive Officer, geniosAI
The round is modest next to the billion dollar cheques flowing into AI infrastructure. Its significance sits elsewhere. If banks are to let AI shape investment decisions, they will need to defend every number it produces, and that is the problem geniosAI is setting out to solve.
