Quiver Quantitative, which provides tools and dashboards for retail investors, announced recently that it closed a $2 million financing round led by Allos Ventures.
According to a release, the company will use the funds for user growth, new proprietary datasets and advanced backtesting and analytics.
“Hedge funds and other professional investors spend billions a year on alternative data to inform their investment decisions,” CEO James Kardatzke said in a statement. “We want to level the playing field by bringing this same information to individual investors.”
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