NUMERAI

AI-run, crowd-sourced hedge fund.

Prediction Markets

NUMERAI

Prediction Markets

Overview

NUMERAI is an AI-run, crowd-sourced hedge fund based in San Francisco. It was created by South African technologist Richard Craib in October 2015. NUMERAI’s trades are determined by an AI, which is fueled by a network of thousands of anonymous data scientists. NUMERAI's investment group was led by Howard Morgan of Renaissance Technologies, and its investors include Naval Ravikant. NUMERAI aims to change the way Wall Street operates by promoting a collaborative approach to investment and money management. NUMERAI harnesses the power of the collective through a monthly tournament and machine learning. Each month, data scientists submit their predictions and best trading algorithms in exchange for a form of cryptocurrency called Numeraire. NUMERAI raised $7.5 million in 2016 in two funding rounds.

Team Members

Software engineer at NumerAI, building ERASURE.

Max Novendstern

Former Head of business for Erasure, NumerAI 's decentralized marketplace.

Founder of Numerai.

Stephane Gosselin

Former Architect, Steward, and Founder at Flashbots.

Portfolio

Backers

Playfair Capital

Invest in entrepreneurs building technology companies that rethink the way we live and work.

Managing Partner at Hack VC.

First Round Capital

The first round for remarkable founders.

Y Combinator Alumni and co-founders of Equidate.

Starchain Capital

Investment fund focused on crypto-assets & Blockchain based technologies.

A crypto asset investment firm.

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