AI startup Numerai raises $30 million, the end of all hedge funds has begun?

Jakarta, Pintu News – Numerai, a San Francisco-based hedge fund company, recently announced that it has successfully raised $30 million in a Series C funding round.

With the support of the university’s endowment fund as the round leader, Numerai’s valuation has now reached $500 million, a five-fold increase from 2023. This increase shows that the AI model developed by Numerai is highly effective and promising.

New Funding and Expansion Plans

Numerai not only managed to raise fresh funds, but also secured capacity support of up to $500 million from J.P. Morgan Asset Management announced in August 2025. With this strong financial backing, Numerai plans to boost their AI engineering team, expand research capabilities, and develop their global data science tournament.

With assets under management now close to $1 billion, Numerai has ambitions to expand their institutional products. This funding will strengthen Numerai’s position in the asset management industry, allowing them to compete at a higher level and with more innovative models.

Investment Strategy Based on Data Science Competition

Numerai adopted a unique approach to its investment strategy by organizing a global data science competition. In this competition, thousands of models from around the world contribute stock selection signals which are then integrated into a single “Meta Model”. This approach allows Numerai to generate more accurate and efficient predictions.

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This model not only generates financial returns, but also drives innovation in asset management. By combining artificial intelligence and data science expertise, Numerai seeks to create a strong foundation for a more digitized and automated future of the financial industry.

Performance and Impact on Crypto Market

In 2024, Numerai’s premier global equity fund generated a net return of 25.45%, with only one month of decline. This performance demonstrates the effectiveness of their ensemble model. In addition, the commitment from J.P. Morgan has provided strong institutional validation for Numerai, paving the way for revenue generation through increased AUM.

The news of the Series C funding also had a positive impact on the exchange rate of Numeraire (NMR), a cryptocurrency based on Ethereum and used in Numerai competitions. The NMR rate jumped 41% after the announcement, indicating that the crypto market also responded positively to this development.

Conclusion

With new funding and an innovative business model, Numerai is on track to change the global asset management landscape. Through a combination of artificial intelligence and data science competition, Numerai is not only improving its investment performance, but also strengthening its position as a leader in financial innovation.

FAQ

How much did Numerai raise in its Series C funding round?

Numerai raised $30 million in a Series C funding round.

Who led Numerai’s latest funding round?

Numerai’s latest funding round was led by the university’s endowment.

What is Numerai’s total assets under management (AUM) today?

Assets under Numerai’s management currently stand at almost $1 billion.

What is Numeraire (NMR)?

Numeraire (NMR) is an Ethereum-based cryptocurrency, used in data science competitions held by Numerai.

How will Numerai’s main global equity fund perform in 2024?

Numerai’s premier global equity fund generated a net return of 25.45% in 2024.

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Reference

• Crypto News. Numerai Raises $30M to Build the Last Hedge Fund. Accessed on November 21, 2025
• Featured Image: Easy Crypto