Delphia
200 Bay Street North Tower, Suite 1200, Toronto, ON, M5J 2J2, Canada
Overview
Delphia operates a mobile-investment platform that combines algorithmic stock-picking and crypto features. The app offers two investing methods: a free stock-picks product and a long/short blended product open to accredited investors. Delphia’s core differentiator is a “share-to-earn” data token model that rewards users for contributing commerce, device, search and social media data. That model will function as a DAO with votes tied to an ERC-20 token and will begin rewarding users starting this summer, with rewards payable as cash or tokens. Fees paid by wealthier, accredited investors help fund the rewards program for data-providing users. The company plans to launch its native rewards token, expand the ways users can contribute data, and grow its team. Delphia is an investment adviser that converts personal data into a renewable source of investable capital. It uses machine learning combined with social science to analyze collective data shared by its members and inform stock market investment decisions, adapting election-forecasting methods to markets. Members can connect personal data sources (social media, location, shopping) and answer daily questions; those contributions become a proprietary data source intended to give Delphia an investment edge. The company will begin converting personal data into investment capital once its waitlist reaches 100,000 signups and plans to redistribute management fees to create a data dividend without selling data to advertisers. Delphia has raised $14M in funding to date from named investors. The firm is headquartered in Toronto and was built by a team of academics, data scientists, and engineers led by co-founder and CEO Andrew Peek and Chief Scientist Dr. Clifton van der Linden.
- Total raised
- $74M
- Funding rounds
- 2
- Latest round
- Series A
- Latest activity
- Jun 2022
Industries
- Artificial Intelligence (AI)
- Consumer Software
- FinTech
- Machine Learning
Recent funding
Series A
Jun 2022
$60M
Equity
Dec 2019
$14M