Kleiner Perkins Leads Rogo’s $160M Series D for Finance AI Growth

Rogo raises $160M in Series D funding led by Kleiner Perkins to expand its AI agent platform for investment banks and financial institutions globally.

Rogo, the AI platform purpose-built for finance, announced Tuesday it has raised $160 million in Series D funding led by Kleiner Perkins. The round, moreover, drew participation from a broad coalition of top-tier investors, including Sequoia, Thrive Capital, Khosla Ventures, J.P. Morgan Growth Equity Partners, BoxGroup, Mantis VC, Jack Altman, Evantic and Positive Sum.

As a result of the raise, Rogo’s total funding now exceeds $300 million. The fresh capital, furthermore, is intended to accelerate the New York-based company’s global expansion, deepen institutional partnerships, and scale its flagship AI agent, Felix.

Rogo was founded in January 2022 by Gabriel Stengel, John Willett, and Tumas Rackaitis, classmates at Princeton who previously worked at J.P. Morgan and Lazard. Notably, the trio drew inspiration from the release of GPT-3 for developers, ultimately deciding to leave their finance careers and build upon their senior thesis, which centered on developing a chatbot for econometrics.

Today, that early academic project has grown into one of the best-funded specialist AI platforms in financial services. More than 35,000 financial professionals at over 250 institutions, including Rothschild & Co., Jefferies, Lazard, Moelis, and Nomura leverage Rogo in their daily workflows across origination, execution, advisory, and portfolio intelligence.

ALSO READ : Kleiner Perkins Leads $6M Seed Round in Health Universe

Central to Rogo’s latest push is Felix, its recently launched autonomous AI agent. Financial professionals can interact with Felix by sending it emails, and the agent customizes the information it generates based on users’ roles. For instance, if an analyst covering Apple Inc. requests a report on the company’s financial performance, Felix can offer to automatically update that report each time the company reports earnings.

Beyond that, Felix executes complex, multi-step financial processes autonomously spanning deal screening, Confidential Information Memorandum (CIM) generation, buyer outreach, and data room diligence. Consequently, tasks that once required teams of junior bankers can now be completed in a matter of minutes.

Additionally, Rogo recently acquired Offset Inc., a startup that developed an AI platform capable of automatically updating financial models when new information becomes available. That acquisition directly enhanced Rogo’s financial modeling capabilities ahead of this funding round.

Mamoon Hamid, Partner at Kleiner Perkins, pointed to Rogo’s institutional trust and technical depth as the core reasons for the firm’s lead investment.

Rogo has built an AI platform that the most demanding institutions in finance trust with their most critical workflows. Their combination of technical depth, proprietary data integrations, and genuine domain expertise is why Rogo is pulling away from the field. When a platform becomes the operating system for an entire industry, the opportunity is generational.
Mamoon Hamid, Partner at Kleiner Perkins.

Meanwhile, CEO and Co-Founder Gabriel Stengel framed the raise as validation of a broader structural shift underway across Wall Street.

The world’s most sophisticated financial institutions are fundamentally reshaping how they operate using AI, and they’re choosing to do it with Rogo. The institutions at the forefront are rapidly moving beyond automating tasks to becoming AI-native firms, with agentic systems that work across the firm and get smarter with every deal.
Gabriel Stengel, CEO and Co-Founder, Rogo.

In terms of deployment, Rogo’s approach includes Forward Deployed Bankers, experienced finance professionals who work directly within partner institutions, helping onboard teams at all levels from analysts to Managing Directors and acting as trusted advisors.

On the international front, Rogo has expanded its European presence through strategic acquisitions, including the purchase of Plux AI, a U.K. firm that tracks complex financial market developments. Plux AI’s founders, Deepak Guneja and Pratyush Kamal Chaudhary, subsequently joined Rogo to help strengthen its European operations.

Going forward, the new capital will support deeper product integrations, embedded engineering teams at customer sites, and expansion into EMEA and Asian markets.

The funding arrives, notably, at a moment of rapid acceleration across AI in financial services. The generative AI market in banking, financial services, and insurance stands at $1.90 billion in 2025 and is projected to reach $18.52 billion by 2034, reflecting a compound annual growth rate of 27.7%, according to Fortune Business Insights.

Furthermore, this Series D follows a $75 million Series C led by Sequoia Capital earlier in 2026, underscoring consistent and accelerating investor conviction in Rogo’s trajectory. The strategic participation of J.P. Morgan, as both an investor and a platform user, also signals that major incumbents are actively co-funding the AI tools they expect to rely on as the industry evolves.

Beyond workflow automation, Rogo provides its core capabilities alongside an audit trail and access controls, allowing financial institutions to ensure that employees interact with the platform in a secure and compliant manner. Additionally, the company uses an internally developed AI tool called Sisyphus to automatically scan its infrastructure for vulnerabilities on a daily basis.

Disclaimer: This news is based on publicly available information. NervNow has not independently verified any claims.

KNOW LATEST AI INDUSTRY UPDATES
Ex-DeepMind Leader Raises $1.1B in Massive Bet on New AI Startup Ineffable
RealityMine Wins Global Ambition Prize at 2026 Northern Tech Awards
OpenAI Resolves Microsoft Dispute Over $50B Amazon Deal
AI Warehouse Startup Smart Robotics Raises €10M in New Funding