Rogo Closes $160 Million Series D Led by Kleiner Perkins as Wall Street Embraces Agentic AI
The New York AI startup, used by 35,000 finance professionals at firms like Rothschild and Jefferies, brought total funding past $300 million to scale Felix, its autonomous deal-workflow agent.
Overview
Rogo, an artificial intelligence platform built for financial services, said on Wednesday, April 29, 2026, that it has raised $160 million in a Series D round led by Kleiner Perkins, according to a company announcement distributed by PR Newswire. The deal brings Rogo’s total funding to more than $300 million and lands as venture capital concentrates around AI agents aimed at investment banks, asset managers, and private equity firms.
What We Know
The Series D drew an unusually broad investor syndicate. In addition to lead Kleiner Perkins, the company said that Sequoia, Thrive Capital, Khosla Ventures, J.P. Morgan Growth Equity Partners, BoxGroup, Mantis VC, Jack Altman, Evantic, and Positive Sum participated. The round was structured to fund global expansion and to scale Felix, Rogo’s agentic AI system that the company says “executes complex, multi-step financial processes autonomously, from deal screening and CIM generation to buyer outreach and data room diligence,” per the announcement.
Rogo describes itself as serving more than 35,000 financial professionals across over 250 institutions, including Rothschild & Co, Jefferies, Lazard, Moelis, and Nomura. SiliconANGLE reported that Felix is designed to let bankers interact with the platform by email and to push proactive updates, such as refreshing a report each time a covered company posts earnings.
The company was co-founded by chief executive Gabe Stengel and John Willett, a former JPMorgan Chase banker, as reported by PYMNTS. In a statement accompanying the raise, Stengel said: “The institutions at the forefront are rapidly moving beyond automating tasks to becoming AI-native firms, with agentic systems that work across the firm,” according to the announcement. Speaking to PYMNTS, Stengel also framed the opportunity in headcount terms: “Finance runs on judgment, relationships, and insight. Over the last few decades, it’s also become an industry where some of the best people spend their time assembling decks and rebuilding models instead of talking to clients,” he said.
Mamoon Hamid, a partner at Kleiner Perkins, said that Rogo’s “combination of technical depth, proprietary data integrations, and genuine domain expertise is why Rogo is pulling away.”
What We Don’t Know
Rogo has not disclosed a valuation for the Series D. The company announcement, PYMNTS, and SiliconANGLE accounts of the round do not list one. Annual recurring revenue figures were also not released. The named institutional clients identified in Rogo’s own announcement are concentrated in advisory and boutique investment banking; the company has not specified which large U.S. universal banks, if any, are paying customers.
It is also unclear how Felix’s autonomous workflows will be supervised in regulated environments. Rogo emphasizes that outputs meet institutional citation standards, but neither the company nor outside reporting in this round has detailed audit trails, model evaluation processes, or human-in-the-loop controls in concrete terms.
Context
The round arrives at a moment when capital is concentrating around AI agents that target high-margin professional workflows, with finance and legal among the most active categories. The investor lineup, which combines top-tier venture firms with strategic capital from J.P. Morgan Growth Equity Partners, illustrates how banks themselves are now backing the platforms that aim to automate the work their analysts do. Rogo’s customer-roster claim of more than 250 institutions, as set out in the announcement, gives the company a wider footprint than most enterprise AI tools at the Series D stage, though the company has not broken out paid versus pilot deployments.