Numerai

About

Numerai transforms and regularizes financial data into machine learning problems for global network of data scientists.

San Francisco,California,United States
11 - 50
https://numer.ai

Highlights

Details

Last Funding Type: Funding Round
Last Funding Money Raised: $3M
Industries: Artificial Intelligence,Blockchain,Financial Services,FinTech,Hedge Funds,Machine Learning
Founded date: Oct 5, 2015
Number Of Employee: 11 - 50
Operating Status: Active
Legal Name: Numerai GP, LLC

Numerai is a new kind of hedge fund built by a network of data scientists. It uses its cryptocurrency to incentivize tens of thousands of anonymous data scientists around the world to collaborate to create predictive models in history.

It was founded in 2015 and headquartered in San Francisco, California.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

6

$27.50M

Numerai has raised a total of $27.50M in funding over 2 rounds. Their latest funding was raised on Jun 3, 2020 from a Funding Round round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Jun 3, 2020	Funding Round	$3M	5	Union Square Ventures	—	Detail
May 5, 2019	Funding Round	—	—	—	—	Detail
Mar 21, 2019	Funding Round	$11M	2	Paradigm Placeholder	—	Detail
Jun 1, 2018	Funding Round	—	—	—	—	Detail
Dec 12, 2016	Series A	$6M	5	Union Square Ventures	—	Detail

Investors

Number of Lead Investors

Number of Investors

5

17

Numerai is funded by 17 investors. Union Square Ventures and Paradigm are the most recent investors.

Investor Name	Lead Investor	Funding Round
Union Square Ventures	Yes	Funding Round
Paradigm	Yes	Funding Round
Howard Morgan	Yes	Series Unknown
CoinFund	—	Funding Round
Dragonfly Capital Partners	—	Funding Round
DTC Capital	—	Funding Round
Placeholder	—	Funding Round
Eric Ver Ploeg	—	Series A
First Round Capital	—	Series A
Fred Ehrsam	—	Series A