Latest Numerai News & Updates

See the latest news and media coverage for Numerai. We track all announcements, press releases, and industry mentions in real time, all in one place.

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Numerai

Crowdsourced quantitative hedge fund platform

numer.ai
Headquarters
San Francisco, United States
Founded year
2015
Company type
Private company
Number of employees
50–57

Last updated

Latest news about Numerai

In short: Numerai raised $30M at a $500M valuation, secured $500M JPMorgan capacity, and expanded NMR buybacks

Company announcements

Numerai

Numerai raises $30M Series C

The round values the company at $500M and is led by university endowments, while J.P. Morgan provides up to $500M capacity and Numerai expands offices and hiring.

Numerai

Numerai secures $500m capacity from JPMorgan

JPMorgan Asset Management invested in Numerai's hedge fund, securing $500 million capacity and coinciding with strong 2024 returns, team hires, and a $1 million NMR repurchase.

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Media coverage

Bloomberg

Crowdsourcing Hedge Fund Gets $500 Million JPMorgan Commitment

A crowdsourcing hedge fund backed by the billionaire Paul Tudor Jones looks poised to more than double in size with a big influx of cash...

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