Numerai

numer.ai

Numerai is a unique hedge fund that leverages a global network of data scientists to predict stock market movements. Founded in 2015 and based in San Francisco, it utilizes encrypted datasets to crowdsource predictive models, allowing data scientists to stake their models with cryptocurrency, NMR. The platform has paid over $40 million to data scientists, showcasing its traction and innovative approach to finance. By combining thousands of models into a single meta model, Numerai differentiates itself in the hedge fund space, appealing to institutional investors and high net worth individuals.