We’re thrilled to announce that we have invested in the Series A of Streetbeat, a US-incorporated, AI-powered intelligence platform for financial institutions. We invested both via the fund and via a SPV.
🎯 The round
The $15 million Series A was led by CDP Venture Capital’s AI Fund (the largest Italian VC), with participation from TTV Capital, P101, 3Lines Venture Capital, and Azimut.
💡 Problem & Solution
Relationship managers continue to spend a significant portion of their time on manual, repetitive tasks that can now be automated through AI. The sector’s technology budgets are vast, and virtually every major player is exploring AI integration.
Financial advisors are still stuck using fragmented, outdated tools. Portfolio construction, CRM updates, client reporting. All of these tasks are manual, time-consuming, and often done in Excel or through legacy systems. While “copilot” solutions exist, none are actually embedded end to end in the advisors’ workflows.
Streetbeat’s product is built around a very powerful multi-agent AI infrastructure. Advisors interact with a natural language interface, and behind the scenes, specialized agents generate code, pull real-time data, and instantly produce portfolios, charts, CRM updates, or trade files. It’s a system that generates software, orchestrates multiple models per task, and logs every step for compliance. In internal tests, it beat human analysts across speed, cost, and accuracy on 165 real-life portfolio tasks. It’s also the first and only AI platform approved as a Registered Investment Adviser by the SEC.
For banks and asset managers, the economic case is clear: replicating Streetbeat’s architecture in-house would cost tenths of millions and take years to deploy, while Streetbeat delivers full automation in under four months
🚀 Traction
Streetbeat is already working with two of Italy’s largest financial institutions Fineco and Azimut representing more than 4,800 financial advisors combined.
Fineco has rolled out Streetbeat’s AI co-pilot to its financial advisors and continues to expand adoption across its network, while Azimut is advancing toward full integration following internal system upgrades.
Building on this strong foundation in Europe, Streetbeat is now engaging with major financial institutions in the US and other international markets seeking to embed AI across their advisory workflows.
🧠 The Team
The Italian founder, Damian Scavo, previously built and exited a venture-backed data platform in the US. On top of this, he brings 20+ years of experience in the trading and financial services industry, working on one of the world’s first algorithmic trading systems and high-frequency trading platforms.
He is joined by Maciej Donajski, CTO and long-time engineering partner, who leads the design of Streetbeat’s 17-patent multi-agent AI platform that powers the company’s enterprise automation system.