Numerai

San Francisco, CA · Founded 2015 · Privately Held (backing)

Developer of a hedge fund platform designed to offer global equity strategies built by a network of data scientists. Numerai is based in San Francisco, CA and was founded in 2015. It was valued at $500 million at its later-stage round in Oct 2025, the last priced event on record. It has raised $42.5 million across 3 recorded rounds; the latest was a $3.8 million seed round in Feb 2023.

PMV mark · valuation
$500.0M
Oct 2026
Priced at
its later-stage round
Oct 2025
Total raised
$42.5M
Last round
Seed Round
Feb 2023
What is Numerai worth?
$500.0MPrivateMarketView mark · Oct 2026

Valued at $500.0M at its later-stage round, Oct 2025. Nothing has traded since.

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Valuation timeline

0 priced rounds · 32 daily marks since · Sep 2026 – Oct 2026
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Markrounds hold their value until the next priced eventMark, today
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Numerai funding history

3 rounds
DateRoundRaisedPost-money
Feb 2023Seed Round$3.8M▮
Feb 2023Seed Round$3.8M▮
Feb 2016Early Stage VC$7.5M▮
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Numerai valuation

Numerai was valued at $500 million at its later-stage round in Oct 2025. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.

How much has Numerai raised?

Numerai has raised $42.5 million in total; 3 of its rounds are on record, from 2016 on. The largest on record was a $7.5 million early-stage round in Feb 2016; the most recent was a $3.8 million seed round in Feb 2023.

Numerai has filed 12 Form Ds with the SEC since 2016, most recently in Mar 2023 ($3.8 million sold to 13 investors).

How Numerai's valuation is determined

Private company valuations aren’t quoted on an exchange — they’re established in moments: a priced funding round sets a post-money valuation, secondary trades print at a price per share, and SEC-registered funds holding the stock report fair-value marks in their N-PORT filings.

For Numerai, the most current credible signal sets the number and the older ones confirm it: a live secondary-market price first, then three or more recent prints, then institutional fund marks, and otherwise the last priced round, which never decays. The valuation is the last round’s post-money moved by the price change since that round, so no share count is assumed. Today it is set by its last priced round. Question about this number? Full methodology →

Frequently asked about Numerai

What is Numerai worth?
Numerai is valued at $500.0M as of Oct 2026. Valued at $500.0M at its later-stage round, Oct 2025. Nothing has traded since.
How much has Numerai raised?
Numerai has raised $42.5M in total funding across 3 recorded rounds.
When did Numerai last raise?
Numerai last raised in Feb 2023 (Seed Round), raising $3.8M.