The Good Tech Companies - Numerai Raises $30 Million Series C Led by Top University Endowments at $500 Million Valuation

Episode Date: November 21, 2025

This story was originally published on HackerNoon at: https://hackernoon.com/numerai-raises-$30-million-series-c-led-by-top-university-endowments-at-$500-million-valuation. The round values Numerai at $500 million, five times its 2023 valuation Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #numerai, #chainwire, #press-release, #blockchain-development, #crypto-funding, #crypto-adoption, #good-company, and more. This story was written by: @chainwire. Learn more about this writer by checking @chainwire's about page, and for more stories, please visit hackernoon.com. Numerai, a San Francisco-based hedge fund and data science tournament uniting machine learning, decentralized finance, and cryptocurrency incentives, announced a $30 million Series C. The round values Numerai at $500 million, five times its 2023 valuation.

This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Numeri raises $30 million Series C led by top university endowments at $500 million valuation by Chainwire. San Francisco, USA, CA, November 20, 2025, Chainwire, Numeri, a San Francisco-based hedge fund and data science tournament uniting machine learning, decentralized finance, and cryptocurrency incentives. today announced a $30 million series C financing round led by top university endowments. The round values Numeri at $500 million, five times its 2023 valuation, JP. Morgan Asset Management's August 2025 commitment of up to $500 million a numerize hedge fund capacity, together with the new equity financing, provides Numeri with additional resources to scale

its AI-driven strategies toward nearly $1 billion in assets under management, existing investors, including Union Square Ventures, Shine Capital, and macro investor Paul Tudor Jones, also participated in the round. Alongside J.P. Morgan Asset Management, they represent leading endowments, venture capital firms, and global macro investors that have supported Numerize development over multiple funding rounds. Greater than, this round brings together exactly the type of investors we want behind greater than Numeri, long-term, deeply informed, and willing to back a very different greater-than model of asset management built for the 21st century, said Richard Crabe, greater than founder and CEO of Numeri.

Greater than, with this capital and J.P. Morgan Asset Management's capacity commitment, we greater than can push harder on our mission of building the world's last hedge fund, greater than powered by AI built by top competitive data scientists around the world. The new capital will be used to expand Numerize AI engineering and research teams, increase hiring across key functions, grow participation in its global data science tournament, and support the scaling of its institutional hedge fund products. Over the past three years, Numeri has grown assets under management from approximately $60 million to $550 million. In 2024, its flagship global equity hedge fund delivered a net return of 25.45% with a single

down month, the strongest year in the firm's history. Numeri's investment process is supported by a coordinated data science community that operates as a global tournament. Thousands of machine learning models contribute stock market signals that are combined into a single meta-model trading global equity markets. Numerize ecosystem is built around Numerare, NMR, an Ethereum-based cryptocurrency used within Numerize data science tournament. Participants stake NMR on their stock market signals, who can earn or burn based on scores. This structure is intended to align incentives between Numeri and participate data scientists and connect the firm's research process to the broader blockchain ecosystem.

About Numeri Numeri is a San Francisco-based hedge fund and data science platform founded in 2015. Through a global competition and open API, thousands of data scientists submit stock market signals that Numeri aggregates into a single meta-model trading global equities. Numerare, NMR, is used to stake and reward signals that improve the fund. Numeri's bet is that the future of asset management belongs to open, competitive machine intelligence rather than the walled garden of the multi-manager complex. Discord, X. Docs contact press contact Lindsay Smith Numeri Lindsay at Numer.i. This story was published as a press release by Chainwire under Hackernoon Business Blogging Program.

Do your own research before making any financial decision. Thank you for listening to this Hackernoon story, read by Artificial Intelligence. Visit hackernoon.com to read, write, learn and publish.