Value investors and financial advisors looking to simplify complex stock analysis just got a boost, as Jitta, the platform designed to help them, announced it has raised $6.5M in Series A funding. The capital will further its mission of providing actionable advice for better investment decisions and higher returns.
Jitta's core offering is its proprietary Jitta Ranking algorithm, which assesses profit potential and has reportedly outpaced the S&P500 index since 2009. The technology processes financial information like a human mind, distilling complicated data into an intuitive format, with features like Jitta Score for company quality and Jitta Line for fair price indication.
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