# Damián Scavo

> Damián Scavo is the founder and CEO of Streetbeat, a Palo Alto financial AI company building agents for wealth managers, financial institutions, and retail investors. Born in Argentina and raised largely in Italy, he moved from writing code on paper to algorithmic trading, founded the media-data company Axwave, sold it to Samba TV, and returned to finance with a plan to make sophisticated data and automation more broadly accessible.

- **Role:** Founder and CEO at Streetbeat
- **Organizations:** Streetbeat, Axwave, Samba TV, Deep Forecast, Goldmind, The Savana Bank, LIST Group, Quadro Vehicles
- **Nationality:** Argentine; also identifies as Italian through upbringing and heritage
- **Education:** Economics and finance studies, not completed, Università di Pisa
- **Known for:** Co-founded Axwave and led it through an acquisition by Samba TV., Named inventor on multiple patent applications and granted patents in media recognition and related technologies., Built an international career spanning algorithmic trading, alternative data, media recognition and financial AI.

## Career timeline

- **2001** — Began working in marketing and business development at LIST Group, which built software used by traders.
- **2006** — Co-founded the private trading desk Goldmind and worked on its core trading algorithms.
- **2008-2009** — Spent a sabbatical working with nonprofits and microfinance; developed The Savana Bank social-finance initiative in Benin.
- **2009** — Helped Quadro Vehicles with suppliers and fundraising as a minority shareholder.
- **2012** — Moved to Silicon Valley and co-founded Axwave, an automatic-content-recognition and media-data company.
- **2018-2019** — Axwave was acquired by Samba TV; the transaction was publicly announced in August 2019.
- **2019-2020** — Founded and led Deep Forecast before launching the company that became Streetbeat.
- **2020-present** — Founder and CEO of Streetbeat, according to his public regulatory employment history.
- **2024** — Presented Streetbeat's Financial AI API at FinovateSpring and discussed AI trading on the Ventures from the Valley podcast.
- **2025** — Streetbeat announced a $15 million Series A led by CDP Venture Capital's AI Fund, bringing disclosed total funding to $25 million.

## Achievements

- Co-founded Axwave and led it through an acquisition by Samba TV.
- Named inventor on multiple patent applications and granted patents in media recognition and related technologies.
- Built an international career spanning algorithmic trading, alternative data, media recognition and financial AI.
- Raised a $15 million Series A for Streetbeat in 2025; the company reported $25 million in total funding.
- Streetbeat reported that StreetbeatPRO was used by 4,000 advisors in 15 countries in October 2025.
- Axwave appeared on the Inc. 5000 after reporting more than 600% three-year growth.

## Latest updates

- **2025-10** — Streetbeat announced a $15 million Series A led by CDP Venture Capital's AI Fund, with participation from TTV Capital, Monte Carlo Capital and 3Lines VC.
- **2025-10** — Streetbeat said its professional platform was used by 4,000 advisors across 15 countries and planned a European retail AI-advisor launch for 2026.
- **2025-02** — 3Lines Venture Capital announced an investment in Streetbeat and described its use by wealth managers and financial advisors.
- **2024-12** — Scavo appeared on the Ventures from the Valley podcast for a 77-minute discussion of AI, algorithmic markets, tokenization and fintech.
- **2024-05** — Scavo and Streetbeat CTO Maciej Donajski presented the Financial AI API at FinovateSpring.

## Links

- Website: https://streetbeat.com
- LinkedIn: https://www.linkedin.com/in/dscavo
- Twitter/X: https://twitter.com/Streetbeat_com
- Facebook: https://facebook.com/Streetbeatcom

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Profile page: https://yespress.io/damian-scavo
Published by YesPress — https://yespress.io
Last updated: 2026-08-18