Farsight Raises $16M Series A to Transform Finance Workflows with AI

Farsight Raises $16M Series A to Transform Finance Workflows with AI

Farsight, the fast-growing technology company reshaping how financial institutions operate, today announced a $16 million Series A funding round. The raise, led by SignalFire with participation from RRE Ventures, Link Ventures, K5 Ventures, and strategic angel investors from major financial institutions, marks a pivotal step in Farsight’s mission to eliminate inefficiencies and empower high-value decision-making in finance.

1. Solving Finance’s Workflow Crisis

Farsight’s platform enables investment banks, private equity firms, hedge funds, and wealth managers to:

  • Automate time-consuming tasks like CIM creation and DCF modeling
  • Seamlessly integrate internal systems and third-party data
  • Customize and scale enterprise-specific workflows without rebuilding from scratch

“Finance has been trapped in an endless cycle of inefficient processes that waste billions annually,” said Samir Dutta, Co-Founder and CEO. “We’re not just automating; we’re enabling teams to execute faster and smarter—turning manual bottlenecks into growth levers.”

2. Momentum Backed by Results

In 2024, Farsight:

  • 10x’d its revenue
  • 5x’d its customer base, spanning top-tier firms
  • Proved its AI-native platform can operate within the natural workflows of finance teams—without requiring behavior change or system overhauls

“Farsight isn’t just another automation tool—it’s the connective tissue that modern finance teams have been missing,” said Wayne Hu, Partner at SignalFire. “The founding team’s background in AI, security, and investment banking gives them a unique edge.”

3. Built by Industry Insiders

Founded by MIT alumni Samir Dutta, Noah Faro, and Kunal Tangri, Farsight was created by practitioners who intimately understand the ‘last mile’ problem in finance: the hours wasted on manual inputs, broken workflows, and scattered datasets.

By streamlining those pain points, Farsight helps institutions:

  • Reduce burnout and churn
  • Generate insights faster
  • Win more deals with greater agility

4. What’s Next for Farsight?

With fresh capital in hand, Farsight plans to:

  • Scale its engineering and customer success teams
  • Expand platform capabilities with even more advanced AI workflows
  • Grow its global client base, particularly in new financial verticals

“This isn’t about cutting costs—it’s about unleashing capacity,” said Dutta. “We’re giving finance teams back their time, their creativity, and their edge.”

With the backing of top-tier VCs and senior leaders from Blackstone, Bank of America, and Oaktree, Farsight is now positioned to lead the next wave of financial transformation. As automation moves from back-office to front-line execution, Farsight is defining what the future of finance looks like: faster, smarter, and finally friction-free.

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