Breaking
SERIES A Streetbeat raises $15M led by CDP Venture Capital's AI Fund SCALE 4,000+ advisors across 15 countries on StreetbeatPRO CLIENT FinecoBank (~$120B AUM) uses the platform in production UNIT ECON ~$0.10-$0.15 per AI task, 94.78% benchmark accuracy ROADMAP European retail AI advisor planned for 2026 SERIES A Streetbeat raises $15M led by CDP Venture Capital's AI Fund SCALE 4,000+ advisors across 15 countries on StreetbeatPRO CLIENT FinecoBank (~$120B AUM) uses the platform in production UNIT ECON ~$0.10-$0.15 per AI task, 94.78% benchmark accuracy ROADMAP European retail AI advisor planned for 2026
Company Profile  /  AI · Fintech · Palo Alto

Streetbeat.

The AI company that decided the hardest part of AI in finance isn't the intelligence - it's the paperwork. So it built the paperwork first.

Founded 2021 $25M Raised SEC-Registered SOC 2 Type I & II 15 Countries
Streetbeat homepage: The Most Secure AI Platform in Finance
The homepage does the talking: a Manhattan skyline, a green button, and a promise that reads less like a startup and more like a compliance memo - "The Most Secure AI Platform in Finance." Palo Alto, California.
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The Story

A startup that sells safety to an industry built on it

There is a familiar shape to AI pitches in 2026: the model is smart, the demo is dazzling, and somewhere around the third slide someone from legal quietly asks whether any of this can be shown to a regulator. Streetbeat, a Palo Alto company founded in 2021, more or less starts on that third slide. Its homepage headline is not "smarter" or "faster." It is "The Most Secure AI Platform in Finance," which is the kind of claim you make when you have concluded that in wealth management, the boring parts are the product.

The boring parts, it turns out, are considerable. A financial adviser who wants to use AI to draft a portfolio, rebalance it, or explain a trade to a client cannot simply paste the answer into an email. The advice has to be suitable under rules like Europe's MiFID II. It has to be logged. It has to survive an audit. And it cannot, under any circumstances, be confidently made up - the failure mode politely known as "hallucination," which is charming in a chatbot and career-ending in a brokerage.

Streetbeat's answer is a platform called StreetbeatPRO, which the company describes as a way to run "off-the-shelf or customized AI agents" for investing, risk management, portfolio analysis and client engagement. The pitch to an adviser is concrete and slightly unromantic: the AI does the repeatable work, and one adviser can suddenly serve far more clients. Streetbeat says advisers on the platform have expanded their client base fivefold and grown assets under management by up to 15% a year. Those are the company's figures, and worth treating as such, but they describe the mechanism cleanly enough - this is software that sells time back to people who bill by the hour of attention.

Wrapped around the agents is the security theater that regulated finance actually requires, and here Streetbeat leans in. It talks about an eight-layer security architecture, full audit trails for every AI decision, constrained generation to prevent the model from wandering, and 99% automated MiFID suitability checks. It has given two of its internal systems the sort of names you'd expect from a company that knows the demo matters: "Guardian Angel," which defends against external threats, and "Agent Factory," which governs the AI internally. It is SEC-registered as an investment adviser and SOC 2 Type I and II certified. None of this is glamorous. All of it is the reason a bank returns the call.

And a bank did. Streetbeat names FinecoBank - a European brokerage with roughly $120 billion in assets - as a client using the platform to enhance its advisory work. That single fact does more work than any benchmark, because it is the difference between a product that demos well and a product that a regulated institution has actually let near its customers.

"From the beginning, our mission has been to make the best financial intelligence available to everyone - both financial professionals and consumers." Damian Scavo, Founder & CEO
By The Numbers
$25M
Total Raised
4,000+
Advisors
15
Countries
170+
Data Sets
The Founder

Damian Scavo's second act

Streetbeat is the latest in a pattern. Before it, Damian Scavo - a former algorithmic trader - co-founded Axwave, a Palo Alto data-analytics company that built fingerprinting technology for automatic content recognition. Axwave was acquired by Samba TV in 2019, and Scavo stayed on as an adviser. Earlier still he traded on a high-frequency desk, worked in business development at the trading-software firm LIST Group, and, in 2008, started a social-finance bank in Benin, West Africa.

The through-line is not the industry - ad tech, television data, trading, now wealth management - but the playbook: take a lot of messy data, point machine learning at it, and sell the result to someone who moves money. Streetbeat applies that same instinct to a market that serves trillions in assets and, by the company's telling, is under pressure to be more efficient without becoming less trustworthy.

Scavo is Streetbeat's CEO and CIO, and the mission he repeats - democratizing financial intelligence "for billions of people" - is the sort of line that sounds like a slogan until you notice the same engine quietly running inside a European brokerage's advisory desk. That is how missions become real: not through the manifesto, but through distribution.

The company remains small - roughly 27 people - and remote-leaning, with roots in Palo Alto and unusually strong ties to Europe, where much of its early traction and several of its investors are based. For a company selling to banks, being small is almost part of the pitch: nimble enough to customize, disciplined enough to pass an audit.

What You Can Do With It

One platform, many jobs

Flagship

StreetbeatPRO

AI agents that automate investing, risk management, portfolio analysis and client engagement for advisers and institutions - off-the-shelf or customized.

Build

Agent Factory

Tooling to build and govern custom AI agents for financial workflows, with the internal guardrails regulated firms need.

Advisors

Streetbeat Wealth

Tools for wealth firms, including automated MiFID suitability checks and white-label API deployment.

Consumer

Streetbeat Retail

A consumer-facing AI investing experience; a European retail AI advisor is planned for 2026.

Automation

RoboAdvisor

Automated portfolio construction and rebalancing across stocks, ETFs and other assets.

Security

Guardian Angel

The external threat-defense layer inside Streetbeat's multi-agent, eight-layer security architecture.

The Case, Charted

Why advisers are signing up

Streetbeat's own metrics tell a simple story: cheap tasks, high accuracy, and advisers who can carry more clients. Figures below are the company's, shown as reported.

Client capacity
5x more clients
AUM growth / yr
up to 15%
AI accuracy
94.78%
MiFID checks
99% automated
Cost per task
~$0.10-$0.15
The Money

A $15M Series A, mostly from Europe

In October 2025, Streetbeat closed a $15 million Series A led by CDP Venture Capital's AI Fund, bringing total funding to about $25 million. The investor list skews European - fitting for a company whose fastest traction is there.

RoundAmountDateNotable Investors
Series A$15,000,000Oct 2025CDP Venture Capital (AI Fund, lead), TTV Capital, P101, Monte Carlo Capital, 3Lines VC, Azimut, Evolution VC
Prior rounds~$10,000,000Pre-2025Brought total funding to ~$25M

"We invested in Streetbeat because it combines vision with substance: cutting-edge AI multi-agent architecture."

Vincenzo Di Nicola — CDP Venture Capital

"StreetbeatPRO has generated impressive traction in Europe, and it's clear they are building a critical solution."

Neil Kapur — TTV Capital

"Our mission has been to make the best financial intelligence available to everyone."

Damian Scavo — Streetbeat
The Timeline

How it got here

2012

Axwave founded

Scavo co-founds the Palo Alto data-analytics company later acquired by Samba TV in 2019.

2021

Streetbeat founded

Scavo launches Streetbeat in Palo Alto to bring AI-driven investing to advisers and consumers.

2022

Consumer investing & robo-advisory

Early products use alternative data and AI for personalized strategies and automated rebalancing.

2024

StreetbeatPRO scales in Europe

The professional platform gains traction with advisers and institutions, anchored by FinecoBank.

2025

$15M Series A

Led by CDP Venture Capital's AI Fund, reaching ~$25M total and 4,000+ advisers across 15 countries.

2026

European retail AI advisor

Company plans a consumer-facing AI advisor in Europe and expands its U.S. and EU teams.

Worth Knowing

Five things that stick

The details that amuse and inform

  • Streetbeat markets itself on safer AI, not smarter AI - the homepage headline is literally "The Most Secure AI Platform in Finance."
  • Its two internal AI systems are named Guardian Angel (threat defense) and Agent Factory (governance).
  • The company says a single AI task on its platform costs roughly ten cents.
  • Founder Damian Scavo previously built ad-tech firm Axwave (acquired by Samba TV) and once started a social-finance bank in Benin, West Africa.
  • It cites a 94.78% AI accuracy benchmark - the oddly specific figure is part of the pitch.
Questions

Frequently asked

What does Streetbeat do?

It builds an AI platform for regulated financial services. Its flagship, StreetbeatPRO, uses AI agents to automate investing, risk management, portfolio analysis and client engagement for advisers, banks and brokerages.

Who founded Streetbeat and when?

Damian Scavo founded Streetbeat in 2021 in Palo Alto. He is CEO and CIO, and previously founded Axwave, which was acquired by Samba TV.

How much funding has Streetbeat raised?

About $25 million total, including a $15 million Series A in October 2025 led by CDP Venture Capital's AI Fund, with TTV Capital, Monte Carlo Capital, 3Lines VC and others.

Who uses Streetbeat?

Wealth managers, financial advisers, banks and brokerages, plus retail investors. The company reports 4,000+ advisers across 15 countries and names FinecoBank (~$120B AUM) as a client.

How is it different from a normal robo-advisor?

Rather than a fixed questionnaire, Streetbeat uses agentic AI plus 170+ data sets, and emphasizes compliance features like audit trails, hallucination prevention and automated MiFID suitability checks.

Watch & Explore

See it in action

For a product demo and interviews with the founder, the best current sources are the company's own site and channels:

The Directory

Streetbeat, everywhere