About
Numerai operates a crowdsourced hedge fund where thousands of data scientists submit encrypted predictions that are combined into a meta-model. Manages $450M+ in AUM and returned 25% in 2024. Unique model: participants stake NMR tokens on their predictions, earning rewards for accuracy. Secured a $500M commitment from J.P. Morgan to deploy capital into its strategies. Valued at $500M with backing from Union Square Ventures and Placeholder.
Key Facts
- [1]Founded: Founded in 2015 in San Francisco, United States.
- [2]Funding: Total funding: $52M. Last round: Nov 2025. Stage: Growth.
- [3]Employees: Employee count: 11-50.
- [4]Website: Official website: numer.ai.
- [5]AI Technology: Core AI/ML technologies: Predictive ML.
- [6]Region: Region: Americas (United States).
Founder
Richard Craib
Founder & CEO
AI Technology
Predictive ML
Traditional ML algorithms for classification, regression, and scoring models
Classification
Market Segments
Tech Stack Layers
Details
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Frequently Asked Questions
What is Numerai?
Numerai operates a crowdsourced hedge fund where thousands of data scientists submit encrypted predictions that are combined into a meta-model. Manages $450M+ in AUM and returned 25% in 2024. Unique model: participants stake NMR tokens on their predictions, earning rewards for accuracy. Secured a $500M commitment from J.P. Morgan to deploy capital into its strategies. Valued at $500M with backing from Union Square Ventures and Placeholder. Numerai is classified in the Trading & Markets segment at the Models layer of the financial AI stack.
Who founded Numerai?
Numerai was founded by Richard Craib (Founder & CEO) in 2015 in San Francisco, United States. The company has been operating for 11 years.
How much funding has Numerai raised?
Numerai has raised $52M in total funding, placing the company at the Growth stage. The most recent round closed in Nov 2025. Among 29 funded Trading & Markets companies, Numerai ranks #15 by total capital raised. (Source: AIFI Map directory.)
What AI technology does Numerai use?
Numerai primarily leverages Predictive ML technology. Traditional ML algorithms for classification, regression, and scoring models. Within the Trading & Markets segment, 11 companies use this technology.
What market segment does Numerai operate in?
Numerai operates in the Trading & Markets market segment. AI-powered trading and markets companies are transforming how financial instruments are bought, sold, and priced across global exchanges. These companies apply machine learning to algorithmic trading, market making, order execution, and quantitative strategy development.
Where is Numerai headquartered?
Numerai is headquartered in San Francisco, United States. The company operates in the Americas region. The team consists of 11-50 employees. United States is home to 324 financial AI companies tracked by AIFI Map.
Who are Numerai's competitors?
Companies similar to Numerai in the Trading & Markets space include Feedzai ($431M raised), Sardine ($170M raised), Hawk AI ($83M raised), Resistant AI ($55M raised), Flagright ($8M raised). These companies operate in related areas of financial AI: Feedzai focuses on ai-native fraud and financial crime prevention platform for major banks. Sardine focuses on ai risk platform for fraud, credit, and compliance. Hawk AI focuses on ai-powered aml and fraud detection for banks and fintechs. (Based on AIFI Map classification data.)
What products does Numerai offer?
Numerai builds models-layer solutions for the financial services industry. The company's core offering: AI-powered crowdsourced hedge fund. The platform is powered by Predictive ML technology.