Enquire.AI Closes $3 Million Bridge Round to Expand Agentic AI Research Platform Amid Growing Institutional Demand

Backed by Wall Street veterans, Enquire.AI to accelerate hiring and expand real-time research tools for financial institutions.
WASHINGTON, DC AND NEW YORK, NY / ACCESS Newswire / June 19, 2025 / Enquire.AI, the world's first agentic research platform blending real-time expert insights with large language model (LLM) efficiency, has raised $3 million through a convertible note round as it accelerates its expansion into financial institutions and consulting firms.
The financing was led by a group of former top research and Wall Street executives, including:
Barry Hurewitz, ex-COO of Research at UBS; Gavin Skinner, Chairman of Aiera & former COO of Citi Research;Juan Luis Perez, ex-Head of Research at UBS;David Bluestein, ex-Head of Research at Credit Suisse;Betsy Cohen, President of Teneo Ventures;Faruk Eczacıbaşı, President of the Turkish Informatics Foundation;Todd Benson, former Co-Head of Citi Private Equity;Marc Rodrigues, former Global MD at Thomson Reuters;Nevzat Aydın, co-founder of Yemeksepeti.
The raise follows a year in which Enquire.AI boosted its revenue, expanded its client base, bought back equity from early investor Japanese Uzabase, and reset its cap table.
The capital will be used to scale the company's proprietary multi-agent research platform and expand hiring in AI engineering, go-to-market, and institutional research sales.
"Research today is too slow, siloed and reactive to keep pace with the markets. The world moves much faster," Enquire.AI CEO and Founder Cenk Sidar said. "We believe the future of research is conversational.
"We've built a hybrid architecture that allows AI agents and top subject matter experts to deliver insights in minutes, not weeks. This funding empowers us to bring that speed and rigor to institutional clients at scale."
Enquire.AI's clients include Microsoft, General Atlantic, EY, PwC, Teneo, and Activate Consulting, which use the platform to access expert insights on demand.
The company also started pilot projects with major global banks and financial institutions to serve both buy-side and sell-side research.
"The research business has always been a human conversation business. Insight emerges from dialogue, not just data," explained Barry Hurewitz, former COO of Research at UBS and Morgan Stanley, and Founder of UBS Evidence Lab. "While many are trying to automate away the human element, Enquire.AI is doing something far more powerful. It utilizes AI to enhance the value of expert conversations.
"It's not just an expert network. It's a conversational insights platform that helps decision-makers surface rare knowledge, context, and judgment at speed. LLMs can give you the average thinking on a topic. Enquire.AI helps you uncover what's exceptional."
To request a demo or learn more, visit Enquire.ai
About Enquire.AIEnquire.AI delivers real-time, verifiable insights by combining autonomous AI workflows with a curated expert network. Its platform supports institutional research teams, consultants, and decision-makers as they navigate fast-moving global trends. Learn more at www.enquire.ai.
Contact Information
Brian Tinsman Head of Marketingbrian.tinsman@enquire.ai302-542-3580
SOURCE: Enquire.AI
press release

Try Our AI Features

Explore what Daily8 AI can do for you:

Learn with AIFact CheckingText to SpeechAI Summary

Related Articles

Yahoo

30 minutes ago

• Yahoo

How Advisors Can Avoid Becoming Over-Reliant on AI

Apparently there's no AI in team. Artificial intelligence is being hailed as a key element of the fourth industrial revolution, and new tools are now assisting financial advisors with taking notes, drafting emails, and brainstorming thought leadership content. In fact, the vast majority of advisors said generative AI helped their practices, according to a survey earlier this year. But AI isn't a silver bullet. It lacks emotional intelligence and a human touch. Advisors risk damaging client relationships if they become too reliant on automation — even for routine tasks. 'AI is poor at empathy so far,' said Adrian Johnstone, CEO of the CRM platform Practifi. 'Advisors need to recognize where the personal connection is most powerful, and use AI to automate and alleviate the lesser functions.' READ ALSO: What the GENIUS Act Means for Stablecoins and Advisors and Why UBS Is the Only Wirehouse to Allow Podcasting Today, most advisors use AI to boost meeting efficiency and streamline workflows. Ideally, this frees up more time to spend with clients, but misusing these tools can backfire. 'The common refrain of disaffected clients is: 'I pay you to understand me, my goals, and my fears, not to outsource me to a machine,'' Johnstone said. Wealth management is built on bespoke service, but AI hasn't yet learned to fully adapt to individual client needs and goals. While tools that draft emails and website content are improving, the output still reads 'hollow and generic,' Johnstone warned. Use it or Lose it. Client-facing AI tools can be 'extremely risky' because they can't interpret emotional undertones of client's concerns, said Rafael Loureiro, CEO of an estate planning platform. Still, AI can be useful for quick, factual tasks. 'If it's midnight on a Sunday and a client asks, 'What was my marginal tax rate last year?' that's a perfect use case,' Loureiro said. 'It's not doing financial planning, but answering factual questions.' Everything in Moderation. This isn't the first time new tech or strategies meant to disrupt the wealth management industry have wound up causing trouble for advisors and their clients. Will Trout, director at Datos Insights, pointed to the 2008 financial crisis as a warning. 'Firms that over-relied on risk models without human oversight suffered catastrophic losses,' he told Advisor Upside. This post first appeared on The Daily Upside. To receive financial advisor news, market insights, and practice management essentials, subscribe to our free Advisor Upside newsletter. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

The Hill

39 minutes ago

• The Hill

Pope Leo ‘concerned' about AI's impact on children

Pope Leo XIV sounded the alarm this week over artificial intelligence (AI)'s potential impact on young people's intellectual and neurological development, building upon one of the main focuses of his papacy. The first American pope delivered the message to an annual conference on AI and ethics, part of which took place in the Vatican this week. 'All of us, I am sure, are concerned for children and young people, and the possible consequences of the use of AI on their intellectual and neurological development,' the pope said. 'Our youth must be helped, and not hindered, in their journey towards maturity and true responsibility.' The pontiff described how new generations have unprecedented, quick access to data and information, while noting they must not confuse this access to data with intelligence. 'In the end, authentic wisdom has more to do with recognizing the true meaning of life, than with the availability of data,' Leo said. Leo acknowledged AI has been used in positive ways, pointing to research in healthcare and science. But he warned of the possibility the emerging technology can be used for 'selfish gain at the expense of others' or 'to foment conflict and aggression.' The pope said AI, especially generative AI, 'also raises troubling questions of its possible repercussions on humanity's openness to truth and beauty, on our distinctive ability to grasp and process reality.' In order to weigh the benefits and risks, Leo said further AI development needs to be evaluated with a 'superior ethical criterion' he described as the need to safeguard the dignity of every human and respecting the culture and diversity of the global population. He added that any ethical framework for AI government must recognize the unique characteristics of the human person in contrast to technology. Since being elected pope in early May, Leo has made the risks of AI on humanity a key priority of his papacy. In his first official address to cardinals in May, the pope warned of the challenges AI poses to the 'defense of human dignity, justice and labor.' The mission resembles that of his namesake, Pope Leo XIII, who pushed for workers' rights amid the industrial revolution, and a Vatican spokesperson told media outlets the name choice was 'not a casual reference.' Leo pointed to past comments made by his predecessor Pope Francis, who repeatedly highlighted the risks associated with AI during his papacy. Earlier this year, the Vatican under Francis's direction released an outline of the ethical guidelines for the use of AI, which warned the technology could 'undermine the foundations of society.' Francis in this outline urged humans to be more responsible about the tech and careful about its impact on various sectors going forward. And last year, Francis issued a similar warning during the first-ever address by a pontiff to the leaders of the Group of Seven (G7) countries. It comes as leaders in the U.S. push for less regulation of AI development to usher more innovation and maintain the country's competitiveness in the space. In an address to the Artificial Intelligence Action Summit in February, Vice President Vance slammed 'excessive regulation' of AI as several of the U.S.'s allies in Europe seek to establish stricter guardrails.

CNET

43 minutes ago

• CNET

Pope Leo XIV Urges Tech Executives to Come Up With an Ethical AI Framework

Pope Leo XIV, who took over leadership of the Catholic Church in May, is revealing one area that he'll be focusing on: artificial intelligence. The Pope has called for tech companies to develop a "superior ethical criterion" against which AI should be evaluated. This message was delivered to tech leaders, including leaders from Google, Meta, OpenAI, and IBM, attending the second annual conference on AI and its ethics in Rome. The framework the Pope is asking for would ensure that AI takes "into account the well-being of the human person not only materially, but also intellectually and spiritually." In the Friday message, the Pope also points to AI's unprecedented and rapid access to information as potentially impacting children's development the most. "Our youth," he said, "must be helped, and not hindered, in their journey towards maturity and true responsibility." This isn't the first time the Pope has discussed AI; he mentioned it in his first papal address in May. He also recently spoke of the challenges that "call into question respect for the dignity of the human person" in a speech to Italian bishops. Artificial intelligence, biotechnologies, the data economy and social media were all included in that speech. He's not condemning AI outright. There is potential for good, he noted, saying that if used right, AI could "promote greater equality." However, the Pope notes that AI also offers the possibility of "misuse for selfish gain" to "foment conflict and aggression." The Vatican doesn't have any regulatory power, but that hasn't stopped it from being vocal about the ethics of AI. In 2020, the Vatican created the Rome Call for AI Ethics, a document about the ethical considerations of AI algorithms. IBM, Qualcomm and Microsoft all signed on, agreeing to abide by the principles. The Pope's firm stance on AI is similar to that of his predecessor, the late Pope Francis, who urged that AI be used only to benefit humanity.