QuantConnect
About this raise
QuantConnect, with a valuation of $44.4 million, is raising funds on Wefunder. The company has developed a platform to make quant investing simple, affordable, and accessible. The QuantConnect trading platform combines programming, analysis, and data science to help investors trade with quantitative strategies. QuantConnect has 1,500 paying clients and reached $1 million in revenue in 2021. Jared Broad founded QuantConnect in January 2013. The current crowdfunding campaign has a minimum target of $50,004 and a maximum target of $4,999,999. The campaign proceeds will be used for engineering and development, education and sales outreach, and hiring.
Investment Overview
Invested : $1,158,479
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 09/07/2022
- Close Date
- 11/26/2022
$50,004
$4,999,999
$100
Equity - Preferred
Growth Stage
RegCF
$6.25
$39,399,926
$44,449,375
Company & Team
Company
- Year Founded
- 2013
- Industry
- Financial & Insurance Products & Services
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
- Revenue +189% YoY
- $1,000,000
- Monthly Burn
- $83,714
-
Runway
- 9.2 months
- Gross Margin
- 40%
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 11/26/2022 | Wefunder | $44,449,375 | $1,158,479 | Equity - Preferred | Funded | RegCF |