Founded in 2015, Numerai runs a decentralized hedge fund and capital-allocation platform that solicits machine-learning models from a global network of data scientists to trade equities and cryptocurrencies. Contributors build models using Numerai’s proprietary datasets and stake the platform’s native token, Numeraire (NMR), on the accuracy of their forecasts, earning additional NMR for strong performance and losing staked tokens for poor results. This incentive structure aligns participants with the fund’s performance while giving Numerai access to a diverse set of predictive strategies. The company converts top-performing predictions into trading signals executed by its hedge fund. With fresh capital, Numerai plans to move into a larger San Francisco headquarters and open a New York City office, while scaling its engineering and research staff. Prior to the Series C, the firm had already attracted notable backers such as Union Square Ventures and Paul Tudor Jones, helping it reach a $500 million post-money valuation after the latest round. Numerai’s model positions it at the intersection of fintech, crypto incentives, and crowdsourced data science.

Total raised

$47M

Funding rounds

4

Latest round

Series C

Latest activity

Nov 2025