Milan based alternative investment data source provider FinScience has raised a €1m seed funding round from unnamed angel investors.
Founded in 2017 by a team of previous Google Italia senior managers, who have strong expertise in big data management and in digital intelligence field, FinScience has developed a platform that gives simple access to alternative data to people who work in financial industry. The software leverages AI algorithms, collects, classifies, analyzes and summarizes huge amount of digital data from different sources (social networks, web sites, blogs, etc.) to find signals potentially connected with financial assets price trends in the medium-long term. FinScience alternative data sets enrich traditional information used for financial analysis.