Numerais New Valuation And Its Meaning
Numerai has raised 30 million in new Series C funding. The raise values the AI hedge fund at 500 million. It is a sharp rise from its valuation in 2023. It is also one of the strongest signals yet that institutional allocators believe in its model.
The round was led by top university endowments. These groups manage long-term capital. They prefer durable strategies. Their presence in this round shows deep interest in machine-driven investment models.
Existing investors also took part. They include Union Square Ventures. They include Shine Capital. They include global macro investor Paul Tudor Jones. Each has backed Numerai through multiple stages.
