Pit.AI

Closed

Solving intelligence for investment management.

San Francisco, United States · Founded 2016 · $120K raised

Employees
1–10
Founded
2016
Business Model
B2B
Website
pit.ai
Total Funding
$120K
Last Round
$120K SeedJan 2015
Rounds
1

About

Pit.AI Technologies aims at solving intelligence for investment management. We combine bleeding-edge AI research with powerful computing to automatically mine profitable trading strategies in financial markets. Our proprietary pipeline departs from the standard portfolio optimization paradigm in that it avoids making unrealistic assumptions on how markets behave, and it applies the expressiveness of our AI techniques on large scale data to automatically detect and exploit new sources of market inefficiencies, rather than testing or verifying human-generated trading ideas, intuitions, or forecasting models. We believe that the investment management industry is at the dawn of a new AI-led era where trading idea generation will be automated and cost-effective, management fees will be a thing of the past, and fund managers will no longer be paid for merely showing up.

Summary

Pit.AI is an Artificial Intelligence company based in San Francisco, United States, founded in 2016. It has raised $120K in total across 1 round, most recently a $120K Seed round in Jan 2015. Investors include Y Combinator Continuity Fund and Zillionize.

Funding History

SeedSeed RoundJan 2015
$120K

Investors

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