Rogo raises $30M from bank clients, expanding into wealth management

Financial AI startup Rogo raised approximately $30 million in a strategic funding round.

Investors include current clients Barclays, BNP Paribas, Citi Ventures, and Société Générale.

JPMorgan Chase and Bank of America already use the platform to automate investment banking tasks.

The new capital will fund Rogo's expansion into the wealth management sector.

The firm plans to automate portfolio reviews and client relationship analysis to provide customized advice.

Rogo’s CEO stated the investment signals AI’s transition from an experimental tool to essential financial infrastructure.