About Numerai
Numerai is a crowd-sourced, AI-run hedge fund that transforms and regularizes financial data into machine learning problems for a global network of data scientists. Participants submit ML models to predict stock market performance and can stake the platform's native cryptocurrency, Numeraire (NMR), on their predictions. The most accurate models are synthesized into a collective AI that controls Numerai's long/short global equity strategy.
Company details
Funding
Total raised
$42.8M
Last stage
Growth
Investors
Founders
Richard Craib
South African technologist who founded Numerai in October 2015. Previously co-founder and Director of US Operations at DataProphet. Studied at University of Cape Town, UC Berkeley, and Cornell University (BA, Economics/Mathematics).
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