Overview
Pinegap is an AI-powered equity research platform that automates buy-side analyst workflows for hedge funds and mutual funds [1]. The company was founded by Ankit Varmani and Deepak Sharma in 2024 [1]. Pinegap raised $8 million in Series A funding led by Stellaris Venture Partners, with participation from Inventus, Silicon Valley Quad, and DeVC [1].
Funding & milestones
1 events found for Pinegap · 2026
Series AVenture / equityDetailsUSD 8M
Reported amount USD 8,000,000
Source not attached to this recordDeal record
Recorded history so far. Original currencies are preserved; amounts in different currencies are not added together. Debt, grants, acquisitions and listings are separate event types. Undated events appear last.
Key people
1 alumniIn the news
- The August 2026 New York Venture Capital Funding ReportNYC's summer slowdown arrived on schedule in August — 34 rounds, $837.9M, the lightest deal month of 2026. But the bigger number is $19.09B: what NYC startups have raised through the first eight months of the year, already past the full-year 2025 total of $19.01B with four months still to go. Average deal size climbed 26% year over year to $24.6M. The calendar compressed. The city did not.
AlleyWatch · Sep 2, 2026
- Pinegap Raises $8M to Build the AI Infrastructure Layer for Institutional Investment ResearchBuy-side equity analysts cover dozens of companies, monitor hundreds more, and still rely on largely manual workflows to keep up with earnings, filings, conferences, and news. One New York startup has a different idea: instead of waiting for analysts to query an AI tool, deploy agents that do the work on a schedule and deliver the outputs directly to the analyst's inbox. The company already counts
Backers
DeVC
DeVC is a venture capital firm that invests in early-stage startups across AI, Consumer, DevTools, Fintech, Hardware, Gaming, Web3, and Industrial sectors. The firm provides capital, wisdom, and networks to founders and maintains a portfolio of companies founded between 2023-2024.
- IInventus
- SVSilicon Valley Quad
Stellaris Venture Partners
Stellaris Venture Partners is a venture capital firm that invests in early-stage startups across sectors including fintech, consumer tech, AI, healthcare, brands, and sustainability. The firm invests from idea stage through Series A and beyond.
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