Fundraising Fox

Numerai

San Francisco, US · Delaware corporation · 9 known investors

numer.ai

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.

AI & Machine LearningCrypto & Web3Fintech

Founders & leadership

RC
Richard CraibManaging Member of the Issuer.

Board

AWAndrew Weissman
Andrew Weissmanin𝕏Director of the Issuer.Partner at Union Square Ventures (USV)

Investors · 9

Funding

SEC filings, press & company announcements

$45.1M disclosed across 4 of 5 rounds · 2016–2025

$3.8MraisedMar 2023 · 13 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • 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
Full filing on SEC EDGAR ↗
$3.8MraisedMar 2023 · 13 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Richard CraibExecutive Officer
Offering amount
$5M
Amount sold
$3.8M
First sale
Feb 2023
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$7.5MraisedAug 2021 · 55 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • 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
Full filing on SEC EDGAR ↗

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 overlap

Companies 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.