About
QuantConnect provides an open-source cloud platform for building and deploying algorithmic trading strategies. Community of 200K+ quants from 170+ countries. Processes $45B+ in notional volume per month with 375K+ live strategies deployed since 2012. Backed by Uncorrelated Ventures and Start-Up Chile. Supports equities, FX, futures, options, and crypto. Runs monthly competitions to recruit talent and allocate capital.
Key Facts
- [1]Founded: Founded in 2012 in New York, United States.
- [2]Funding: Total funding: $2M. Last round: Jan 2023. Stage: Early Stage.
- [3]Employees: Employee count: 11-50.
- [4]Website: Official website: quantconnect.com.
- [5]AI Technology: Core AI/ML technologies: Reinforcement Learning.
- [6]Region: Region: Americas (United States).
Founders
Jared Broad
Founder & CEO
Michael Handschuh
Co-founder
AI Technology
Reinforcement Learning
Reinforcement learning for trading and portfolio optimization
Classification
Market Segments
Tech Stack Layers
Details
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Frequently Asked Questions
What is QuantConnect?
QuantConnect provides an open-source cloud platform for building and deploying algorithmic trading strategies. Community of 200K+ quants from 170+ countries. Processes $45B+ in notional volume per month with 375K+ live strategies deployed since 2012. Backed by Uncorrelated Ventures and Start-Up Chile. Supports equities, FX, futures, options, and crypto. Runs monthly competitions to recruit talent and allocate capital. QuantConnect is classified in the Trading & Markets segment at the Applications layer of the financial AI stack.
Who founded QuantConnect?
QuantConnect was founded by Jared Broad (Founder & CEO) and Michael Handschuh (Co-founder) in 2012 in New York, United States. The company has been operating for 14 years.
How much funding has QuantConnect raised?
QuantConnect has raised $2M in total funding, placing the company at the Early Stage stage. The most recent round closed in Jan 2023. Among 29 funded Trading & Markets companies, QuantConnect ranks #28 by total capital raised. (Source: AIFI Map directory.)
What AI technology does QuantConnect use?
QuantConnect primarily leverages Reinforcement Learning technology. Reinforcement learning for trading and portfolio optimization. Within the Trading & Markets segment, 17 companies use this technology.
What market segment does QuantConnect operate in?
QuantConnect operates in the Trading & Markets and Research & Data market segments. 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. The company also has a footprint in research & data, reflecting its cross-functional approach to financial AI.
Where is QuantConnect headquartered?
QuantConnect is headquartered in New York, 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 QuantConnect's competitors?
Companies similar to QuantConnect in the Trading & Markets space include Unit21 ($92M raised), Kaaj ($4M raised), Lendbuzz ($310M raised), Ramp ($2.3B raised), Brex ($1.5B raised). These companies operate in related areas of financial AI: Unit21 focuses on ai-powered fraud and aml platform. Kaaj focuses on agentic ai for small-business lending automation. Lendbuzz focuses on ai auto financing for underserved populations. (Based on AIFI Map classification data.)
What products does QuantConnect offer?
QuantConnect builds applications-layer solutions for the financial services industry. The company's core offering: Open-source algorithmic trading platform. The platform is powered by Reinforcement Learning technology.