“Can a purpose-built AI platform become the default workflow layer for investment banking, replacing decades of manual deck- and model-building?”
Rogo (formerly Paloris) was founded in 2021 by ex-bankers and AI researchers to build an enterprise AI platform purpose-built for finance workflows. It sells to investment banks, asset managers, and private equity firms (Jefferies, Truist, Rothschild, Raymond James, Nomura, Moelis, Lazard, Tiger Global) to automate deck-building, model-building, research, and diligence — Bloomberg-for-workflows rather than Bloomberg-for-data. It is a vertical AI SaaS company, not an embedded-finance operator: it does not move money, hold deposits, issue cards, or lend. Its 'embedded finance stack' is effectively an AI-infrastructure stack layered under a financial-services SaaS.
Rogo was founded by Gabriel Stengel, John Willett and Tumas Rackaitis and is founded in 2021, headquartered in New York, NY, United States.
Rogo has raised $315.5M in total (latest round: Series D, 2026).
Get a read on where your own stack stands against Rogo and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.