EagleAlpha, the venture founded in 2012 by former investment banker Emmett Kilduff, has raised €2.6 million in fresh capital after running up losses of €2.3 million from inception in 2012 to the end of 2014.
Recent Companies Office filings indicate that Eaglealpha Ltd raised €1,565,000 from investors in December 2015. Click here to view the allotment document.
In June 2015, the company raised €1 million from 17 investors. Click here to view the allotment document.
Eagle Alpha trawls the internet for insights and trends that subscribers can use for financial gain. The company has a proprietary algorithm that identifies experts on any topic and the system curates the web to provide business insights to financial sector clients.
Capital invested in December 2014 was €1.35m according to the company’s abridged balance sheet.