What is Argonav?
Argonav is the technology and agentic-intelligence division of 
Merchant Bank; an AI lab for the middle market, across every sector: agentic systems, complex data integration and frontier models built in-house through neural network training, deep learning theory, large-scale engineering and cognitive architecture. One platform, four businesses, one substrate, all reinforcing.
Built by operators, for operators.
Three commitments hold across every mandate, every station, and every stage.
// 01 Connected
One platform across advisory, capital markets, and investment. The intelligence compounds and the surfaces reinforce each other; the accountable team does not change when the mandate does.
// 02 Mastery
Built by operators who ship systems, not analysts who describe them. The work is measured against a standard, not a clock.
// 03 Integrity
Accountable from the first assessment through the deployed outcome. We carry the result, not just the recommendation.
Argonav is internal-first. The platform earns its keep inside Merchant Bank before it goes to work for the institutions and founders who operate the way we do.
We do not sell. We enter at the inflection points that set enterprise value and build the systems that move it.
Argonav is building toward agentic industrialism.
Argo
is the platform engine for Merchant Bank: one surface for deals, portfolio companies, capital partners, people, meetings and documents. The data substrate, agent runtime and audit trail run in one system. Offered to comparable institutions.
Argo Studio
Argo Studio is Argonav's engagement practice: the agentic systems it builds for companies beyond the firm. Where an operation is carrying too many manual steps, workflows that drag, or costly overhead, Studio builds the agentic systems that carry the load.
Visit Argo StudioArgo Pyxis
Argo Pyxis is Argonav's incubator; the most selective thing the firm does. When an Argo Studio build proves out a repeatable pipeline, Pyxis co-founds a company around it: born on , capitalized from day one.
Carina Research
Carina Research is Argonav's research and data engine. Point it at a field; it collects, parses, organizes and consolidates everything known into structured, queryable, citable knowledge that drives the firm's decisions. Its first deployment is space.
Visit Carina ResearchWhat is Argonav?
Argonav is the technology and agentic-intelligence division of Keel Merchant Bank; an AI lab for the middle market, across every sector: agentic systems, complex data integration and AI-powered decision-making. It runs one platform and four businesses (, Argo Studio, Argo Pyxis and Carina Research) on one substrate, all reinforcing.
What is Argo?
is the platform engine for Keel Merchant Bank: one surface for deals, portfolio companies, capital partners, people, meetings and documents. The data substrate, agent runtime and audit trail run in one system. Offered to comparable institutions.
What is Argo Studio?
Argo Studio is Argonav's engagement practice: the agentic systems it builds for companies beyond the firm. Where an operation is carrying too many manual steps, workflows that drag, or costly overhead, Studio builds the agentic systems that carry the load.
What is Argo Pyxis?
Argo Pyxis is Argonav's incubator; the most selective thing the firm does. When an Argo Studio build proves out a repeatable pipeline, Pyxis co-founds a company around it: born on , capitalized from day one.
What is Carina Research?
Carina Research is Argonav's research and data engine. Point it at a field; it collects, parses, organizes and consolidates everything known into structured, queryable, citable knowledge that drives the firm's decisions. Its first deployment is space.
What is the difference between Argo Studio and Argo Pyxis?
Argo Studio builds agentic systems inside someone else's company; Argo Pyxis builds the company itself. Studio is an engagement: Argonav builds the agentic systems that carry the load. Pyxis is the selective next step, co-founding a new company once a Studio build proves out a repeatable pipeline.
Who runs Argonav?
Argonav is run by Managing Partners Alex W. Putzer (CTO) and Sean Koons (CPO), with Lee Cohen, Partner and VP Engineering, building the platform. A division of Keel Merchant Bank, it works with clients beyond the firm, backed by its principal-investing and operations expertise.
How does Argonav relate to Keel Merchant Bank?
Keel Merchant Bank is the parent firm. Argonav is its technology and agentic-intelligence division, the team that builds the agentic systems and the platform the firm runs on.