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Neovest raises $5 million in third round

Neovest Holdings announced Tuesday it raised a $5 million third round of funding, led by Conning Capital. Atlanta-based Neovest develops software that allows hedge funds and brokerages to create filters to screen stocks based on the selected criteria. The real-time filters are designed to generate investment ideas. Neovest has raised a total of $14 million.

Neovest Holdings announced Tuesday it raised a $5 million third round of funding, led by Conning Capital. Atlanta-based Neovest develops software that allows hedge funds and brokerages to create filters to screen stocks based on the selected criteria. The real-time filters are designed to generate investment ideas. Neovest has raised a total of $14 million.