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Goldman Sachs Creates A Professional Social Networking Site Powered By AI

By Nicole Rodrigues, 15 May 2023

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Photo 106084026 © Casimirokt | Dreamstime.com

 

Say hello to Louisa, a spinoff company from investment banking giant Goldman Sachs that aims to connect the professional world.
 
Louisa is a social networking platform that is powered by artificial intelligence. It is able to make profiles for employees in organizations automatically and uses information from newsfeeds to link up similar-minded people with each other.
 
Rohan Doctor, the founder of Louisa, describes the service as something similar to LinkedIn but on “steroids.” The platform began after Doctor landed a massive deal in 2018. It led him to wonder how business people could further develop relations and link up with each other. Plus, this new era of hybrid work has disengaged coworkers from each other, barring other avenues of social interaction. And so Louisa was born. The name is a nod to Louisa Goldman Sachs, daughter of Marcus Goldman and the wife of Samuel Sachs.
 
It was first launched under the inaugural class of Goldman Sachs GS Accelerate, a program where employees could launch their businesses and products. Then, for the last two and a half years, it worked as an internal networking solution for employees, allowing them to pitch new ideas to their bosses and clients.
 
However, per a post on LinkedIn and a report by CNBC, Louisa has since departed from under Goldman Sachs’ wings into its independent entity, with more than 20,000 active monthly users. Doctor has also begun signing up clients outside of Goldman Sachs.

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[via CNBC and Pymnts, Photo 106084026 © Casimirokt | Dreamstime.com]

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