# Streetbeat

> Streetbeat is a Palo Alto-based AI company building what it calls the most secure AI platform for regulated financial services. Its flagship product, StreetbeatPRO, gives wealth managers, banks and brokerages a set of agentic AI tools for investing, risk management, portfolio analysis and client engagement - built with compliance guardrails like audit trails, hallucination prevention and automated MiFID suitability checks. Founded in 2021 by serial entrepreneur Damian Scavo, the company says its platform is used by more than 4,000 advisors across 15 countries and raised a $15 million Series A in October 2025.

- **Founded:** 2021
- **Headquarters:** Palo Alto, California, United States
- **Founders:** Damian Scavo (Founder, CEO & CIO)
- **Team size:** ~27 employees
- **Products:** StreetbeatPRO, Streetbeat Agent Factory, Streetbeat Wealth, Streetbeat Retail, Streetbeat RoboAdvisor
- **Notable:** Raised $15M Series A in October 2025, bringing total funding to ~$25M, Platform used by 4,000+ advisors across 15 countries, Named FinecoBank (~$120B AUM) as a production client

## Products & services

- **StreetbeatPRO** — AI platform for financial professionals that automates investing, risk management, portfolio analysis and client engagement through off-the-shelf or customized AI agents.
- **Streetbeat Agent Factory** — Tooling to build and govern custom AI agents for financial workflows, with internal AI governance.
- **Streetbeat Wealth** — AI tools for wealth management firms and advisors, including automated MiFID suitability checks and white-label API deployment.
- **Streetbeat Retail** — Consumer-facing AI investing experience; a European retail AI advisor launch is planned for 2026.
- **Streetbeat RoboAdvisor** — Automated portfolio construction and rebalancing across stocks, ETFs and other assets.
- **Streetbeat Guardian Angel** — External threat-defense layer within Streetbeat's multi-agent security architecture.

## Achievements

- Raised $15M Series A in October 2025, bringing total funding to ~$25M
- Platform used by 4,000+ advisors across 15 countries
- Named FinecoBank (~$120B AUM) as a production client
- Reports advisors 5x their client base and grow AUM up to 15% annually
- SEC-registered investment adviser (CRD #315893) and SOC 2 Type I & II
- Cited AI benchmark accuracy of 94.78% and task costs of $0.10-$0.15

## Latest updates

- **2025-10** — Closed $15M Series A led by CDP Venture Capital's AI Fund, with plans to expand U.S. and European teams and launch a European retail AI advisor in 2026.
- **2025-11** — Funding coverage widened across fintech and AI press; company reiterated 4,000+ advisors across 15 countries and FinecoBank as a client.

## Links

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

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Profile page: https://yespress.io/streetbeat
Published by YesPress — https://yespress.io
Last updated: 2026-07-10