Streetbeat Raises $15 Million to Scale AI-Powered Trading for Wealth Managers
- Kendrick Wakeman, CFA
- 1 day ago
- 1 min read
Streetbeat, an AI-driven trading and asset management platform, has raised $15 million in Series A funding led by CDP Venture Capital through the AI Fund, joined by TTV Capital, Monte Carlo Capital, and 3Lines VC. The funding will support the company’s expansion across the U.S. and Europe, enhance its product capabilities, and strengthen its technical teams. Founded in Palo Alto, Streetbeat’s platform helps advisors, brokerages, and institutions automate investing, risk management, and portfolio analysis through AI agents, boosting client capacity and AUM potential.
StreetbeatPRO, the firm’s advisor-focused product, enables financial professionals to deploy customizable AI agents that automate portfolio tasks while maintaining human control and oversight. Advisors using StreetbeatPRO have reportedly increased their client base fivefold and achieved annual AUM growth of up to 15%. Currently serving 4,000 advisors across 15 countries, Streetbeat’s solutions are being adopted by large European brokerage banks as part of their advisory infrastructure.
Aligned with the Best and Worst Uses of AI theme, Streetbeat exemplifies a high-value use of AI in wealth management—enhancing insight, automation, and operational scale without crossing into automated investment advice. By combining transparency, accuracy, and explainability, Streetbeat’s platform demonstrates how AI can extend advisors’ reach while preserving the human judgment essential to financial guidance.