Tetrix
Category: AI in Fintech
AI-powered investment intelligence platform for institutional investors in private/alternative markets Tetrix was founded in 2023. The company is led by Olivier Babin. Based in New York City, USA. Team size: 11-50. Total funding raised: $20M. Latest round: Series A. Key investors include Innovation Endeavors, White Star Capital.
- Founded
- 2023
- Headquarters
- New York City, USA
- Team size
- 11-50
- Total funding
- $20M
Value proposition
Tetrix automates the collection, extraction, normalization, and analysis of unstructured private market fund data (PDFs, emails, portals) using AI, turning messy alternative investment data into real-time, auditable, actionable insights for capital allocators.
Products and solutions
Tetrix Platform (Core, Edge, Alpha modules): AI-powered data extraction from PDFs/Excels, Automated document collection via agentic AI (portal login, email ingestion), Analytics & due diligence dashboards, AI chat for natural language querying, Custom extraction matrix, Portfolio-wide look-through analytics, Benchmarking and risk management tools
Unique value
AI-native platform purpose-built for private market data that reduces time-to-insights from 45 days to 1 day, achieves 99.9% data precision, saves 4,000+ hours annually, and provides 10x deeper insight across funds — with full auditability and source-linked traceability
Target customer
Institutional capital allocators: pension funds, sovereign wealth funds, university endowments, family offices, fund of funds, foundations, OCIOs/wealth managers
Industries served
Alternative investments / Private markets (Private Equity, Venture Capital, Hedge Funds, Real Assets), Institutional Investment Management
Technology advantage
LLM-based extraction that handles any document format without templates or training; agentic AI for automated document retrieval across portals; human-in-the-loop verification; SOC 2 Type 2 compliant; transformer-based models handling domain-specific semantic nuances of private market documents
How they differentiate
Unlike legacy providers (Burgiss/MSCI, Cobalt/FactSet) that rely on manual keying or outsourced services, Tetrix is AI-native with LLM-based extraction that handles any document format without templates. Canoe Intelligence focuses on document collection but Tetrix goes further with full analytics, diligence, and AI chat capabilities. Tetrix also offers faster deployment (no setup/training required) and deeper asset-level look-through analytics.
Main competitors
Canoe Intelligence, Burgiss (now part of MSCI), Cobalt (FactSet)
Notable customers
Solamere Capital, Next Legacy Capital, W3 Family Office, Point Olema Capital Partners, Leading NY Secondaries Firm, $1B US Foundation, $6B US Foundation, $500M+ European Fund of Funds
Major milestones
2023: Company founded by Olivier Babin and Naunidh Singh Bhalla, 2024-09: $5M Seed round led by Innovation Endeavors, 2024: Platform launched, 2026-06: $15M Series A co-led by White Star Capital and Innovation Endeavors, SOC 2 Type 2 compliance achieved
Growth metrics
3,000+ alternative funds processed quarterly; 1M+ data points extracted through AI pipeline quarterly; $100B+ AUM managed on platform; Serving clients across US, Canada, Europe, and Southeast Asia
Market positioning
Early-stage disruptor in the $20T+ alternative assets market, positioning as the "Bloomberg for private markets" — an AI-native data infrastructure layer for institutional allocators
Geographic focus
US (New York HQ), Canada (Montreal office), Europe, and Southeast Asia
About Olivier Babin
Ex-Goldman Sachs Investment Banking Analyst; Ex-SoftBank Vision Fund VC; Stanford GSB MBA; McGill University BCom
Official website: https://www.tetrix.co/