Alkymi
Category: AI in Fintech
Alkymi is an AI-powered platform that automates the extraction and processing of unstructured data from documents and emails for financial services firms. Alkymi was founded in 2017. The company is led by Harald Collet. Based in New York, USA. Team size: 11-50. Total funding raised: $26 million. Latest round: Strategic Financing, Undisclosed, 2025-08, led by Cornerstone Investment Capital and Canaan Partners. Key investors include ["Intel Capital","Canaan Partners","Work-Bench","SimCorp","Cornerstone Investment Capital","Northwestern Mutual Future Ventures"].
- Founded
- 2017
- Headquarters
- New York, USA
- Team size
- 11-50
- Total funding
- $26 million
Value proposition
To unlock the full value of private markets data, accelerate decision-making, improve customer satisfaction, and empower employees to focus on higher-value tasks by automating data workflows.
Products and solutions
["Data Inbox","Patterns Studio","Alkymi Alpha (Generative AI Product)","Connections","Alkymi Alts","Alkymi Private Credit"]
Unique value
Alkymi offers a no-code platform that allows business users to create custom-automated workflows for processing unstructured data without needing a team of data scientists. This focus on 'human-in-the-loop' automation makes it highly adaptable.
Target customer
Financial services firms, including alternative asset managers, investment firms, and insurance companies.
Industries served
["Financial Services","Insurance","Asset Management","Private Equity"]
Technology advantage
The core advantage is their proprietary machine learning and generative AI technology that can understand and process complex financial documents with high accuracy. Their no-code 'Patterns Studio' allows for rapid deployment and customization of data extraction workflows.
How they differentiate
Alkymi differentiates itself by focusing specifically on the financial services industry, offering an end-to-end solution for turning unstructured investment and financial data into actionable insights. Their 'Data Inbox' concept is a key differentiator, allowing businesses to automatically free data from emails and documents. They also emphasize a no-code, user-friendly platform that allows business users to identify and extract data in real-time to automate daily workflows without heavy reliance on IT.
Main competitors
["Instabase","Accelex","Ocrolus"]
Key partnerships
["SimCorp","Portfolio BI","Wipro","Thompson Street Capital Partners (TSCP)","FINBOURNE Technology","Lionpoint Group","Groq"]
Notable customers
["SimCorp (also an investor)","Northwestern Mutual","Strategic Investment Group","HESTA","PGGM","Top pension funds","Leading global banks","Major hedge funds","Prominent sovereign wealth funds"]
Major milestones
["Raised $5M in Seed funding in 2020.","Launched 'Patterns' in 2021 to allow business users to identify and extract data in real-time.","Raised $21 million in Series A funding led by Intel Capital in 2022.","Secured a strategic financing round in Aug 2025 led by Cornerstone Investment Capital and Canaan Partners.","Launched Alkymi Alts in Sept 2025.","Launched Alkymi Private Credit in Feb 2026.","Announced strategic partnership with FINBOURNE Technology in Feb 2026.","Named Most Innovative Alternative Data Solution at A-Team Group Innovation Awards 2026."]
Growth metrics
Alkymi has experienced significant growth, including a reported 300% growth in platform usage in a single year. The company also announced record growth in 2024, driven by adoption from asset managers, asset owners, and private banks.
Market positioning
Alkymi is positioned as a leader in intelligent document processing and data workflow automation, specifically tailored for the financial services sector, including asset management, banking, and insurance. They target enterprises with a high volume of unstructured data in documents and emails, offering a solution to improve efficiency, accuracy, and speed in data processing.
Geographic focus
Alkymi is headquartered in New York, USA, and its investor base and clientele suggest a primary focus on North America and Europe, which are major hubs for the financial services industry.
Patents and IP
No public patents found.
About Harald Collet
Previously held positions at Bloomberg, Autonomy, and Oracle. Served as a First Lieutenant in the Danish Army.
Official website: https://www.alkymi.io/