OpenBB builds an open-source, Python-based investment research terminal (formerly Gamestonk Terminal) that provides a command-line integrated environment for investment research. The alpha-stage product aggregates market and alternative data from public sources and APIs (e.g., Alpha Vantage, Financial Modeling Prep, Finnhub, Reddit, Twitter, Coinbase, the SEC) and exposes data for analysis via Python. It applies machine learning and NLP for tasks like sentiment analysis, price-movement prediction, and broader predictive models across assets including equities, crypto, and economic data. OpenBB is currently free and distributed in source form, allowing community contributors to add integrations and customizations for niche use cases such as Forex or digital assets. The company plans to build a GUI, pursue monetization options including a 21st-century UI and a SaaS model offering hosted compute to run ML on large datasets, and to double down on predictive capabilities. Target customers include small-to-medium institutions, regional banks, hedge funds, family offices, academia, and potentially larger financial firms in the long term. Financially, OpenBB has $8.5 million in funding from OSS Capital and notable angel contributors, which the founders say will be used to commercialize and expand the product.

Total raised

$9M

Funding rounds

1

Latest round

Seed

Latest activity

Mar 2022