Rowspace
Category: AI in Fintech
An AI platform that helps financial services firms accelerate decision-making by turning their proprietary data into compounding edge through intelligent integration of structured and unstructured data. Rowspace was founded in 2024. The company is led by Michael Manapat. Based in San Francisco, United States. Team size: 11-50. Total funding raised: $50.0M. Latest round: Series A. Key investors include Sequoia Capital, Emergence Capital, Basis Set Ventures, Stripe, Conviction, Twine Ventures, ThirdStream Partners, Finance-focused angel investors.
AMW Analysis
Rowspace emerged from stealth in February 2026 with $50 million in combined Seed and Series A funding, the Series A co-led by Sequoia Capital and Emergence Capital, with participation from Stripe and other investors including Basis Set Ventures, Conviction, Twine Ventures, and finance-focused angels. Founded in 2024 and based in San Francisco, the company builds an AI platform for financial services firms that integrates structured and unstructured proprietary data to accelerate decision-making, aiming to operationalize institutional knowledge across a firm's history without sacrificing rigor or accuracy. At the time of its funding announcement, the company reported already serving firms managing nearly $1 trillion in assets, and its platform processes data within clients' own cloud environments, an architecture choice tied to security requirements common among financial institutions. The near-simultaneous stealth exit and funding disclosure, combined with a customer base already in place before the announcement, indicates a company that built and validated its product before entering public view. News flow to date centers entirely on this single funding and launch event, with no subsequent product or partnership updates yet tracked.
AMW analysis, generated from 2 tracked news signals.
- Founded
- 2024
- Headquarters
- San Francisco, United States
- Team size
- 11-50
- Total funding
- $50.0M
Value proposition
Operationalizes institutional knowledge by connecting fragmented data across a firm's entire history and applying finance-native AI to enable faster, fully-informed decision-making without sacrificing rigor or accuracy.
Products and solutions
AI Intelligence Layer for Financial Data, Portfolio Monitoring System, Complex Analysis Platform for Historical Deal Data, Credit Portfolio Optimization Engine, Excel and Microsoft Teams Integration Tools, Secure Customer Cloud Deployment Infrastructure
Unique value
Finance-native AI platform that deploys directly into customer cloud environments, integrating structured data (accounting systems, financial models) and unstructured data (memos, emails, documents, old PowerPoints) while applying firm-specific reasoning logic to codify institutional judgment accumulated over decades.
Target customer
Private equity firms, hedge funds, credit funds, and crossover firms managing hundreds of billions to nearly one trillion dollars in assets
Industries served
Private Equity, Hedge Funds, Credit Funds, Alternative Investment Management, Financial Services, Asset Management
Technology advantage
Processes data within customers' own cloud systems for security (data never leaves their control); performs advance reasoning rather than real-time search; maps relationships across fragmented datasets and applies firm-specific logic to reconcile information discrepancies; combines technical depth from Notion/Stripe engineering teams with firsthand finance experience from CFO-level leadership.
How they differentiate
Finance-native AI platform that deploys directly into customer cloud environments for security, integrating structured and unstructured data (memos, emails, documents, financial models) while applying firm-specific reasoning logic to codify institutional judgment accumulated over decades; unlike competitors that provide external market data, Rowspace operationalizes a firm's proprietary historical data
Main competitors
AlphaSense, Bloomberg Terminal, Kensho (S&P Global)
Key partnerships
Sequoia Capital (Lead investor across Seed and Series A), Emergence Capital (Co-lead Series A investor), Stripe (Strategic investor), Conviction (Participating investor), Basis Set Ventures (Participating investor), Twine Ventures (Participating investor), ThirdStream Partners (Participating investor), Finance-focused angel investors
Notable customers
Longstanding name-brand private equity firms, Credit funds, Crossover firms working in both public and private markets
Major milestones
Founded in 2024 by Michael Manapat (former Notion CPTO and Stripe ML Head) and Yibo Ling (former CFO at Bird and Uber Corporate Development), Raised $50M across Seed and Series A funding (Feb 2026), Secured seven-figure annual contracts with top financial institutions, Deployed secure customer cloud infrastructure for data-sensitive clients
Growth metrics
Serving ~10 top-tier financial institutions with seven-figure annual contract values; clients manage hundreds of billions to nearly $1 trillion in combined assets
Market positioning
Premium AI intelligence platform for institutional financial services, targeting private equity firms, hedge funds, and credit funds with seven-figure annual contracts and managed cloud deployments
Geographic focus
United States (San Francisco headquarters with New York operations)
Patents and IP
No registered patents disclosed as of public launch (February 2026)
About Michael Manapat
Former Chief Product and Technology Officer (CPTO) at Notion (Jan 2023-Sep 2024), Head of Engineering at Notion (Feb 2020-Jan 2023), Head of Applied Machine Learning at Stripe (Jan 2013-Jan 2019) where he built ML systems processing billions in transactions for fraud detection (Radar), credit underwriting (Capital), and forecasting (Sigma); Former Software Engineer at Google and Postdoctoral Fellow in Applied Mathematics at Harvard; Holds PhD in Mathematics from MIT and BA in Mathematics from UC Berkeley
Latest news about Rowspace
- Rowspace AI emerged from stealth with $50M in combined Seed and Series A funding, co-led by Sequoia Capital and Emergence Capital, with participation from Stripe and other notable investors. Already s
- Rowspace just launched with $50M from Sequoia to help investment firms turn decades of proprietary data into actionable alpha. The platform integrates structured and unstructured data across documents
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Official website: https://www.rowspace.ai