BridgeWise acquires Context Analytics in $13 million AI expansion
Israeli fintech deepens alternative data capabilities with Chicago-based acquisition.
Israeli fintech company BridgeWise has acquired Chicago-based Context Analytics, an artificial intelligence company specializing in alternative data processing. The companies did not disclose the purchase price, but it is estimated at approximately $13 million.
Context Analytics develops AI-based systems that analyze unstructured information, including news sentiment, social media activity and complex documents. By combining these capabilities with BridgeWise’s platform, which focuses on AI-driven analysis of global securities and structured financial data, the acquisition creates a more comprehensive artificial intelligence infrastructure for the investment industry.
"Our vision has always been to provide the most robust financial intelligence on the planet," said Gaby Diamant, CEO of BridgeWise. "By joining forces with Context Analytics, we have created an end-to-end powerhouse for the global financial ecosystem. This partnership allows us to unify the entire intelligence journey, from the proprietary NLP that decodes the world’s raw text and data sources to the end-users' most concrete intelligence needs, maintaining a compliant, explainable flow of AI analysis."
BridgeWise was founded in 2019 by Gabriel Diamant, Dor and Or Eligula, and Mor Hazan. The company operates offices in New York, Tel Aviv, London, Singapore, Tokyo and Brazil, and has raised $35 million to date.
