PANews, December 3—According to an official announcement, AI platform TrueNorth, which focuses on the financial sector, has completed a $3 million Pre-Seed funding round. The round was led by CyberFund, with participation from Delphi Labs, SNZ, GSR, and Ocular. The funds raised will be used to develop a “financial intelligence reasoning layer,” an AI designed specifically for finance that does not generate hallucinations when handling funds.
TrueNorth is dedicated to building AI infrastructure tailored for the financial industry, aiming to address the hallucination and latency issues that general models face in financial decision-making through domain-specific AI. Currently, the platform has over 40,000 users on its waiting list. By leveraging structured manuals, real-time data integration, and proprietary models trained specifically on market logic, the platform transforms the expertise of elite traders into AI agents.