Sibli

Sibli operates as an artificial intelligence-powered investment research company, providing tools for institutional asset managers. Founded in 2020 by CEO Alik Sokolov, COO Vova Golubin, and CTO Joseph Hydoski, the Montréal-based firm was initially named Responsibli, reflecting an early focus on Environmental, Social, and Governance (ESG) investing. The company has since broadened its scope and rebranded to Sibli.

CEO Alik Sokolov's background is deeply rooted in the intersection of finance and artificial intelligence. He holds three degrees in mathematics from the University of Toronto, including a PhD, and spent years as a data scientist at Deloitte. His academic research at the University of Toronto's RiskLab focused on deep learning and investment management, which laid the groundwork for Sibli. This combination of academic rigor and practical industry experience has been central to the company's development.

The company's core business involves providing a platform that uses generative AI, natural language processing, and other deep-learning algorithms to process vast quantities of unstructured data. This includes news articles, financial filings, and transcripts, turning them into actionable insights for investors. The service is designed for both fundamental investors, who analyze company-specific factors, and quantitative investors, who use mathematical models. Sibli's platform assists clients by accelerating research, identifying investment opportunities, and monitoring risks like geopolitical events or reputational damage. Clients include institutional investors such as pension funds, asset managers, and sell-side research teams.

Revenue is generated through a business-to-business model, offering customized and scalable solutions to its clients. The platform's key features include the ability to analyze a client's entire investment universe, customize insights to align with specific investment processes, and integrate new data sources to develop unique signals. In February 2024, Sibli announced it had raised $4.5 million USD ($6 million CAD) in a seed funding round led by Staircase Ventures. The capital is intended to fund talent acquisition, expand access to new datasets, and increase computing power.

Keywords: investment research, asset management, generative AI, financial technology, institutional investors, unstructured data analysis, quantitative research, fundamental analysis, AI-powered insights, portfolio management, risk management, deep learning in finance, Alik Sokolov, natural language processing, market analysis, alternative data, ESG investing, sell-side research, buy-side tools, financial data processing, investment decision support, AI for finance, Vova Golubin, Joseph Hydoski