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To make investment research effective, powerful and accessible to everyone.
Anyone working in finance will be familiar with Bloomberg Terminal, a financial analytics platform used by most financial institutions. OpenBB offers an affordable, open source alternative in what was previously considered an unchallenged market.
Its appeal lies largely in the fact that it’s Python-based and open source - allowing for a great deal of customizability to suit the needs of a specific business or individual. Its machine learning includes natural language processing, meaning it can also analyse news headlines to see how current events have impacted share prices.
The other appeal is that it’s much cheaper - so its target market is largely smaller financial companies priced out of Bloomberg’s dominance. But it’s a young company with ambitions to grow to level where it can market itself at the biggest financial institutions in the world.
Steph
Company Specialist at Welcome to the Jungle
Mar 2022
$8.5m
SEED
Aug 2021
$8.8m
SEED
Didier Lopes
(CEO)A former Teacher Assistant of Signal Theory at the Universidade Nova de Lisboa, Software Design Engineer at u-blox, and Sensor Fusion Engineer at NURV.