Streetbeat, the Palo Alto-based AI wealth management startup, has closed a $15 million Series A funding round led by CDP Venture Capital through the AI Fund. This fresh capital accelerates Streetbeat’s mission to transform financial advising and retail investing with advanced agentic AI.
The investment comes at a time when the finance sector has been historically slow in embracing radical innovation. Yet, Streetbeat’s rapid growth and adoption show that AI-driven wealth management is no longer futuristic, it’s in the present. With $25 million in total funding to date, Streetbeat is positioned to disrupt an industry that serves trillions in assets but faces increasing pressures around efficiency, scalability, and performance.
Streetbeat’s flagship platform, StreetbeatPRO, directly addresses these challenges for advisors and institutions. It leverages AI agents designed to automate wealth management workflows including investing strategies, risk assessment, portfolio analysis, and client communication. The company reports that advisors using StreetbeatPRO have quintupled their client load capacity while driving Asset Under Management (AUM) growth of up to 15% annually.
Currently utilized by 4,000 advisors across 15 countries, Streetbeat has recently expanded into Germany, Italy, and South Korea, reflecting a clear global demand. The company’s client list includes a major European brokerage bank managing over $120 billion in assets, which deploys Streetbeat technology to enhance its advisory capabilities.
This funding will enable Streetbeat to scale its technical teams across the U.S. and Europe to support further product development and accelerate its international footprint. The company’s ambitions include launching their retail AI advisor in Europe by 2026, aiming to democratize cutting-edge wealth management beyond professional circles.
AI for Professionals and Investors
Streetbeat’s innovation isn’t confined to professional wealth managers. Its retail product caters to individual investors in the U.S., providing an AI advisor capable of crafting diversified, personalized portfolios based on user risk profiles, investment horizons, and prevailing market conditions.
The startup boldly claims that about 80% of manually executed trades result in losses, whereas AI-guided portfolios have delivered average annual returns of +8%. While such metrics invite scrutiny, they emphasize the company’s core value proposition, making top-tier investment intelligence accessible to all with consistent and data-driven trading strategies.
CEO Damián Scavo emphasizes the company’s vision “to make the best financial intelligence available to everyone.” Their proprietary AI, developed over three years, integrates over 170 data sets to provide near-real-time market insights. Internal benchmarks rate their system’s task accuracy at 94.78%, outperforming competitors by roughly 30% while maintaining cost efficiency at $0.10–$0.15 per task.
The $15 million Series A round features participation from TTV Capital, Monte Carlo Capital, and 3Lines VC, alongside lead investor CDP Venture Capital’s AI Fund.
Operating as a registered investment adviser with the U.S. Securities and Exchange Commission (SEC), Streetbeat maintains SOC 2 Type I and Type II compliance, showing its commitment to security and data protection.
Vincenzo Di Nicola, head of the AI Fund at CDP Venture Capital, said, “We invested in Streetbeat because it combines vision with substance: a cutting-edge AI multi-agent architecture and concrete adoption among advisors and institutions that are augmenting professional-level capabilities. We strongly believe in the team’s vision and its potential for global expansion, which could establish a new standard for the fintech industry.”
TTV Capital partner Neil Kapur echoed this enthusiasm, “Damián saw the massive potential for AI in financial services early on, and since then, the Streetbeat team has worked relentlessly to align their capabilities with market needs. StreetbeatPRO has generated impressive traction in Europe, and it’s clear they are building a critical solution at the right time. We are proud to back Streetbeat as they continue to scale AI products that generate real value for financial professionals and retail investors.”
