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Devron, an AI fintech launched by a former CIA agent, just raised a $12 million Series A led by Tiger Global. Here's how it's trying to change the way Wall Street analyzes data.
- Devron is a data-science upstart that just raised its $12 million Series A led by Tiger Global.
- Kartik Chopra, a former undercover CIA technical intelligence officer, launched the startup in 2020.
- The fintech uses AI to solve one of Wall Street's biggest pain points: moving and extracting data.
Tiger Global, the global hedge fund and venture-investing powerhouse, just led a $12 million Series A investment in Devron, a fintech using artificial intelligence to solve Wall Street's data woes.
"We believe it is still early innings of the AI and data revolution that will produce trillions of dollars of economic value over the next decade," John Curtius, partner at Tiger Global wrote to Insider in an email.
And Devron's technology has the "potential to alter the data science and AI landscape," he a