USA – Tegus, a Chicago, Illinois-based research platform for institutional investors, raised $20m in funding.
Patrick O’Shaughnessy’s Positive Sum joined existing investors IGSB, Oberndorf Enterprises, and Willoughby Capital. Founded in 2017 by twin brothers Michael and Thomas Elnick, Tegus is a research platform for institutional investors. With real-time access to the most comprehensive database of over 50,000 expert interviews, 4,000+ downloadable financial models, workflows to surface and analyze data from SEC filings, as well as expert interview services, the company streamlines the way institutional investors and businesses conduct research. Tegus serves more than 2,500 customers worldwide, including investment firms, corporations, and consultancies. This funding announcement comes weeks after the company acquired Canalyst, expanding their core solution offering to include accurate, customized, and downloadable models on companies and industries. In addition to the investment, O’Shaughnessy will join the Tegus Board as an Observer. 30/09/2022
