Kensho, a startup doing Siri (or Watson) for financial markets, has raised $10M


A Cambridge, Mass.-based startup called Kensho has raised a $10 million seed round from a group of investors that includes General Catalyst, NEA, Accel Partners and Google Ventures. The company’s product, called Warren (as in Warren Buffett, I presume), is a natural-language search engine for data on financial markets. You (assuming you’re a banker or very sophisticated day trader) type in a question — an example from the company’s website is “Which aerospace companies rally following major breakthroughs in drone technology?” — and it returns results in the form of data. It looks like a smart product from a smart team, especially if the UI and visualizations are as good as the algorithms.



Kensho looks closer to being another SIRI rather than a @ibmwatson competitor

Why ?

Because there’s distinct differences between being mostly an NLP engine with some bells and whistles like SIRI, GoogleNow vs @ibmwatson and other cognitive computing players which are more robust and have the ability to learn to become smarter.

Net Net: NLP engines by themselves do not provide sense-making to see emerging patterns with context for faster time to insight to drive smarter decisions with better outcomes.

Derrick Harris

A good point; I’m not sure about the cognitive capabilities of Warren. Although, I think the types of results it returns and the data it crunches might be more similar to a Watson than Siri.


Here’a more info

Google Funds an Advanced Artificial Intelligence Advisor Kensho via @feedly

The technology is still being developed

“Event-driven statistical analysis is a remarkably powerful lens through which to understand the world. The effects of geopolitical events on assets–such as oil prices, currencies and foreign and domestic equity volatility–is one of the least understood areas and, without technology, is one of the hardest, human-labor intensive, and costliest things to measure, despite clearly having massive effects on these markets.”

The ability to instantly weigh and accurately measure the effects of stimuli across industries, namely forex, looks to promote more informed trading decisions in real-time. It is this type of aim that Kensho hopes Warren will be able to serve, an initiative that requires the most cutting edge technology.

Comments are closed.