AI Data Platform Alkymi Secures Strategic Funding from Cornerstone and Canaan

Financing Round Led by Cornerstone and Canaan

Alkymi, an AI-powered data workflow platform for financial services, has completed a strategic financing round backed by top-tier investors.

The company raised an undisclosed sum in a round led by existing investors Cornerstone Investment Capital and Canaan Partners. Additional backing came from SimCorp and Northwestern Mutual Future Ventures, reinforcing confidence in Alkymi’s growth trajectory.

This funding aims to accelerate product development, expand market reach, and strengthen Alkymi’s position as a leader in AI-driven investment data solutions.

Transforming Complex Financial Data Management

Alkymi’s technology enables financial institutions to validate, integrate, and analyze complex datasets such as transaction notices, quarterly reports, and loan agent notices.

Additionally, the platform handles financial statements and other unstructured documents, providing clean, structured, and actionable data in real time.

By leveraging machine learning, large language models, and agentic AI, Alkymi automates repetitive workflows, reduces operational risk, and enhances decision-making speed for investment teams.

AI Built for Investment Workflows

The platform’s AI models are designed specifically for capital markets workflows. Consequently, financial firms can improve valuations, streamline back-office operations, and quickly adapt to dynamic market changes.

Moreover, automation reduces human error, freeing teams to focus on higher-value tasks, thereby increasing efficiency across the investment lifecycle.

Strengthened Leadership with Board Appointments

In addition to the funding news, Alkymi has announced key board appointments to guide its next growth phase.

Bob Greifeld, co-founder at Cornerstone Investment Capital and former Nasdaq chairman and CEO, has joined Alkymi’s board of directors.

Thomas Mosimann, director at Cornerstone, will now serve as chairman of the board. Bob Ward, CEO of QUODD, and Robert Greifeld Jr., director at Cornerstone, have also joined as members.

Investor Endorsements Highlight Market Impact

Craig Schedler, managing director at Northwestern Mutual Future Ventures, praised Alkymi’s capabilities.

“We invested in Alkymi after using the technology and continue to experience its positive impact,” he stated.

Schedler emphasized that Alkymi is helping solve complex data challenges and delivering meaningful innovation to the financial services sector.

Private Markets Growth Opportunity

Bob Greifeld shared his perspective on the company’s potential in a rapidly changing industry.

“Private markets are experiencing unprecedented growth and transformation, and Alkymi is uniquely positioned to lead it,” he said.

He further noted that the platform’s ability to automate and structure complex datasets offers firms a genuine competitive advantage.

Greifeld expressed enthusiasm about joining the board and supporting Alkymi’s mission to scale its impact across the financial services industry.

CEO’s Vision for the Next Growth Phase

Alkymi CEO and co-founder Harald Collet described the funding as a milestone moment for the company.

“This strategic financing comes at a pivotal time for Alkymi,” Collet stated.

He highlighted that continued support from investors like Cornerstone, Canaan, SimCorp, and Northwestern Mutual validates the company’s mission to transform capital markets operations in a data-driven world.

Expertise Driving Future Expansion

Collet welcomed Bob Greifeld’s appointment to the board, noting his deep expertise in capital markets and proven record of scaling fintech platforms.

“This experience will be invaluable as we enter our next phase of growth,” Collet added.

He also expressed enthusiasm about working alongside Bob Ward, Thomas Mosimann, and Robert Greifeld Jr., emphasizing their collective contributions to Alkymi’s scaling strategy.

Positioning for Market Leadership

With a combination of strategic investment, advanced AI capabilities, and experienced leadership, Alkymi is well-positioned to become a dominant force in investment data automation.

The company’s focus on structured, accurate, and timely data positions it to meet the evolving demands of financial services firms worldwide.

Furthermore, by aligning with seasoned investors and executives, Alkymi aims to accelerate innovation while ensuring robust governance and industry insight.

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