Following completion of a $1.27 million third round of funding last month, Trill A.I., a fintech company, has relocated its Durham and San Francisco operations to new headquarters in Cary.
The company said the relocation provide the company with greater access to Triangle-wide resources and represents the outstanding organizational growth experienced over the last two years.
Prior to its relocation to Cary, Trill held offices in both Durham at the American Underground, in and San Francisco, CA. During that time, development teams were based in Silicon Valley and leadership teams were based from Durham’s American Underground. Today, majority of all employees have relocated to Trill’s expanded offices in Cary.
Trill A.I. says it uses technology to close the gap between human analysis and financial market performance. By using artificial intelligence to statistically identify subtle relationships in complex data, Trill empowers portfolio managers, research analysts and financial advisors with the speed and confidence needed to augment their investment process.
Trill, which raised $1.27 million in March and $370,000 in 2017, said it will use the funds to expand its staff of data scientists and investments in R&D.
“Running the business with both an east and west coast perspective has served us well, and has been advantageous for the health and trajectory of our business,” said Akash Ganapathi, CEO and co-founder of Trill in a statement.
“Our development teams were able to stay inspired and curious, playing off the west coast’s energy to create, build and fine tune our technology. At the same time, our leadership team was able to remain lean, while still leveraging the unique opportunity to work from the American Underground, which provided the network, resources and space to develop alongside some of North Carolina’s top innovators and entrepreneurs.”
Simon Jung, co-founder of Trill said, “Now it is time to drive our company culture forward and expand our pool of talented employees who are redefining financial analysis.”
