Pit.AI

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Pit.AI is an artificial intelligence company in San Francisco, United States, founded in 2016. It has raised $120K across 1 round, most recently a $120K Seed in 2015 (est.).

Solving intelligence for investment management.

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

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

Indexed holds 1 funding round and 2 investors for this company. The full record is or through the API.

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

It lists 1–10 employees. It has raised $120K in total across 1 round, most recently a $120K Seed round in 2015 (est.). Investors include Y Combinator and Zillionize.

Tech & App Stack

2 technologies & apps tracked

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Funding History

Data from Indexed.vcUpdated
SeedSeed Round2015 (est.)
$120K

Investors

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