Numerai
San Francisco, US · Delaware corporation · 9 known investors
Numerai operates a quantitative global equity market-neutral hedge fund and runs a data science tournament where participants build machine learning models on obfuscated financial data to predict market targets. Contributors stake cryptocurrency on their model predictions to earn or burn based on performance, with the fund aimed at institutional and accredited investors.
Founders & leadership
Board

Investors · 9
Funding
SEC filings, press & company announcements$45.1M disclosed across 4 of 5 rounds · 2016–2025
- $30MSeries CNov 2025 · 2 sourcesSource ↗
▶$3.8MraisedMar 2023 · 13 investors · Other TechnologyRule 506(b)
- Dan SpierExecutive Officer
- Richard CraibExecutive Officer
- Offering amount
- $5M
- Amount sold
- $3.8M
- First sale
- Feb 2023
- Incorporated
- Limited Liability Company, Delaware
- Federal exemptions
- 06b
▶$3.8MraisedMar 2023 · 13 investors · Other TechnologyRule 506(b)
- Richard CraibExecutive Officer
- Offering amount
- $5M
- Amount sold
- $3.8M
- First sale
- Feb 2023
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$7.5MraisedAug 2021 · 55 investors · Other TechnologyRule 506(b)
- Andrew WeissmanDirector
- Richard CraibExecutive Officer
- Offering amount
- $7.5M
- Amount sold
- $7.5M
- Minimum investment
- $15K
- First sale
- Feb 2016
- Incorporated
- Limited Liability Company, Delaware
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Founder mafia
2 people who came through Numerai went on to found or lead other companies.
Competitors · 1
by search overlapCompanies competing with Numerai for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Frequently asked questions
- What does Numerai do?
- Numerai operates a quantitative global equity market-neutral hedge fund and runs a data science tournament where participants build machine learning models on obfuscated financial data to predict market targets. Contributors stake cryptocurrency on their model predictions to earn or burn based on performance, with the fund aimed at institutional and accredited investors.
- Who founded Numerai?
- Numerai was founded by Richard Craib.
- Who are Numerai's investors?
- Numerai's investors include Union Square Ventures (USV), Air Street Capital, Digital Currency Group, Long Venture Partners, Oyster Ventures, Shine Capital, Sora Ventures, Tunitas Ventures and 1 more.
- How much funding has Numerai raised?
- Numerai has disclosed $45.1M raised across 4 of its 5 known rounds.
- Where is Numerai headquartered?
- Numerai is headquartered in San Francisco, US.


