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ai startup auquan secures funding and clients in finance automation
Auquan, a startup leveraging generative AI, has secured $8 million in seed funding and is rapidly gaining traction in the finance sector, with clients like UBS and T. Rowe Price. The technology automates the creation of due diligence reports, saving clients significant time by processing data from various sources and generating tailored documents without human intervention. Since its launch in October 2023, Auquan has generated nearly $2 million in annual recurring revenue, highlighting the growing demand for AI solutions in finance.
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