Auquan, market leader in AI Agents for deep work in financial services, today announced record growth for 2024, marked by significant enterprise adoption, strategic product launches, and the completion of its $8MM seed funding round. The company tripled revenue in less than a year by deploying RAG-powered AI Agents to eliminate manual effort and complete entire tasks in mission critical workflows for private markets, asset management, and other financial services firms. Customers including MetLife, UBS, and Capital Group — including one-quarter of the top 25 private equity firms — use Auquan to collectively save thousands of hours on previously manual tasks that they’ve shifted to high-value work.
Talented, creative professionals in finance enter the industry to work on complex problems and consequential deals, yet spend much of their time manually sifting through vast amounts of data spread across incompatible formats, document types, and languages. Whether executing due diligence and ESG in private equity, monitoring covenants in private credit, or preparing LP reports, highly skilled and compensated professionals throughout financial services are caught in an endless cycle of manually collecting and summarizing data — not driving strategic impact.
Auquan changes this by fundamentally transforming how finance teams work. Unlike other AI tools that serve as systems of research, Auquan is a system of action that completes entire jobs to be done. With deep finance domain expertise baked into the product, Auquan autonomously turns unstructured data into structured insights and outcomes. Teams start each day with pre-drafted insights and alerts, completed compliance screens, and fully drafted due diligence and sustainability reports, empowering them to jump right into critical analysis, strengthening investor and company relationships, and making better strategic decisions faster.
"2024 has been transformative not just for Auquan, but for all of the brilliant finance professionals we serve," said Chandini Jain, co-founder and CEO of Auquan. "When we founded Auquan, I witnessed incredibly talented people wasting their days grinding away on tedious and repetitive tasks. Today, our customers tell us they’re not just saving thousands of hours they were previously squandering on mundane research and writing tasks, they’re liberating their brightest minds to focus on meaningful and fulfilling work — and creating real value for their firms.”
Building on this momentum in 2025, Auquan will focus on:
Auquan delivers immediate value through turnkey solutions for critical financial workflows while supporting custom implementations for unique requirements. Customers see measurable ROI within hours or days of deployment.
To learn more about Auquan and request a demo, from our website.