{"id":245116,"date":"2025-10-28T07:10:14","date_gmt":"2025-10-28T07:10:14","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/245116\/"},"modified":"2025-10-28T07:10:14","modified_gmt":"2025-10-28T07:10:14","slug":"sequoia-capital-invests-in-ai-tool-that-could-replace-junior-bankers","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/245116\/","title":{"rendered":"Sequoia Capital Invests in AI Tool That Could Replace Junior Bankers"},"content":{"rendered":"<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">Sequoia Capital is making a bet on the future of Wall Street, leading an investment in <a href=\"https:\/\/www.bloomberg.com\/quote\/2372405D:US\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">Rogo Technologies Inc.<\/a>, a startup developing artificial intelligence tools to make bankers more efficient, at a valuation of $750 million, according to people familiar with the matter.<\/p>\n<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">The New York-based company builds software that helps investment bankers with certain tasks and eventually aims to create the AI equivalent of a banking analyst. The new deal more than doubles Rogo\u2019s valuation from earlier this year, when Thrive Capital led a <a href=\"https:\/\/rogo.ai\/news\/rogo-announces-50m-series-b\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">$50 million Series B investment<\/a> in the company.<\/p>\n","protected":false},"excerpt":{"rendered":"Sequoia Capital is making a bet on the future of Wall Street, leading an investment in Rogo Technologies&hellip;\n","protected":false},"author":2,"featured_media":245117,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[62,276,277,9437,49,48,114908,4495,114907,114906,2940,2927,61,39013,6495],"class_list":["post-245116","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-banking","tag-ca","tag-canada","tag-gabriel-stengel","tag-jpmorgan-chase-co","tag-lazard-inc","tag-rogo-technologies-inc","tag-software","tag-startups","tag-technology","tag-valuation","tag-wall-street"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/245116","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=245116"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/245116\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/245117"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=245116"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=245116"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=245116"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}