Summary
Rogo, an enterprise AI platform designed specifically for financial institutions, has raised $75 million in a Series C funding round led by Sequoia Capital, with participation from prominent investors including Henry Kravis, Wells Fargo, Thrive Capital, Khosla Ventures, Tiger Global, and J.P. Morgan. The funding will support Rogo’s international expansion, including the opening of its first London office, and accelerate product development for secure, compliant AI deployment.
Summary of transaction details:
- Value: $75 million (Series C)
- Sector: Fintech
- Advisor: Not disclosed
- Key Entities: Rogo (target), Sequoia Capital (lead investor), existing backers
- Location: New York, USA and London, UK
Note: The transaction reflects the accelerating shift of European financial institutions from AI experiments to enterprise-wide deployments, with Rogo’s platform addressing regulatory and security requirements specific to banking and asset management.
Lead Investor / Acquirer
Sequoia Capital
Advising Broker
Undisclosed Firm
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Original Source
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