Osyte, developer of an AI-powered multi-asset portfolio management technology, has closed its seed round, raising $4 million to drive AI-powered investment automation and optimization for multi-asset portfolios.
Osyte seeks to create more structure, transparency and operational efficiency for the roughly 50,000 single-family office, multifamily office and institutional fund managers who are increasingly struggling to manage the trillions of dollars moving from traditional to alternative investments.
According to Osyte, private assets under management are projected to reach more than $15 trillion, experiencing nearly 20 percent annual growth throughout the next five years. Osyte's technology enables liquidity management of hedge funds and private market commitments, AI/ML-powered portfolio optimization, risk and exposure analytics, and rebalancing, and it streamlines trading of multi-asset portfolios with both liquid and illiquid securities.
The new capital will