Numerai Raises $30 Million Series C Led by Top University Endowments, at $500 Million Valuation
2025-11-21 02:55
San Francisco, USA/CA, November 20th, 2025, Chainwire Numerai , 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 Numerai at $500 million, five times its 2023 valuation. J.P. Morgan Asset Management’s August 2025 commitment of up to $500 million in Numerai’s hedge fund capacity, together with the new equity financing, provides Numerai with additional resources to scale its AI-driven strategies toward nearly $1 billion in assets under management (AUM). 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 Numerai’s development over multiple funding rounds. “This round brings together exactly the type of investors we...
