Overview
- Rogo, which disclosed the round Wednesday, raised $160 million led by Kleiner Perkins, lifting total funding to more than $300 million with backing from Sequoia, Thrive Capital, Khosla Ventures and J.P. Morgan Growth Equity Partners.
- The company says it will use the money to expand in new markets, deepen ties with large financial institutions and speed the rollout of Felix, its AI system built for end‑to‑end deal work.
- Felix is described as an agentic AI that can run multi‑step tasks on its own, such as screening deals, drafting Confidential Information Memoranda, contacting potential buyers and checking data rooms, by tapping internal and external data sources.
- Rogo reports more than 35,000 professionals at over 250 firms use its tools, naming Rothschild & Co, Jefferies, Lazard, Moelis and Nomura as examples of clients across banking and investing teams.
- Rogo points to a shift in finance toward AI‑native operating models and has bolstered execution and European reach through acquisitions like Plux AI and Offset, while pairing its software with “Forward Deployed Bankers” who help teams adopt the tech.