TradeAlgo

[Closed for Investment] TradeAlgo is raising funds on Dealmaker Securities. The company has developed a platform to provide independent insights to investors through cutting-edge algorithms and AI. TradeAlgo is one of the first platforms to track off-market dark flow activity and provide real-time metrics. The platform uses algorithms and AI applied to market data, along with a profitable customer acquisition strategy, to power the personal wealth movement. Jonathan Stone founded TradeAlgo in September 2021. The current crowdfunding campaign has a minimum target of $10,003.04 and a maximum target of $4.99 million. The campaign proceeds will be used for operations, marketing, research and development, and general working capital.

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Investment Overview

Raised this Round: Raised: $300,006

Deal Terms

Total Commitments ($USD)

Platform
DealMaker Securities
Start Date
11/04/2024
Close Date
11/22/2024
Min. Goal
$10,003
Max. Goal
$4,999,997
Min. Investment

$404

Security Type

Equity - Common

Series

Series A

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$4.04

Pre-Money Valuation

$701,175,540

Company & Team

Company

Year Founded
2021
Industry
Financial & Insurance Products & Services
Tech Sector
Fintech
Distribution Model
B2C
Margin
High
Capital Intensity
Low
Location
New York, New York
Business Type
High Growth
Company Website
Visit Website

Team

Employees
12
Prior Founder Exits?
No
Founder Name
Jon Stone
Title
CEO

Financials

as of August 30, 2024
 Revenue +16% YoY
$11,031,657
 Monthly Burn
$2,974,999
 Runway
7 months

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$11,031,657

$9,499,858

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-9,698,783

$-13,541,026

Summary Balance Sheet

FY 2023 FY 2022

Cash

$4,440,468

$2,566,782

Accounts Receivable

$0

$0

Total Assets

$9,602,880

$3,974,565

Short-Term Debt

$0

$0

Long-Term Debt

$134,244

$0

Total Liabilities

$134,244

$0

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$65,289,453
VC Backed?
Yes
Close Date Platform Valuation Total Raised Security Type Status Reg Type
11/22/2024 DealMaker Securities $701,175,540 $300,006 Equity - Common Not Funded RegCF
06/30/2024 Dalmore Group $375,000,000 $5,308,800 Equity - Common Funded RegCF
11/04/2022 StartEngine $117,608,000 $3,863,268 Equity - Common Funded RegCF
05/22/2022 StartEngine $28,332,000 $1,060,646 Equity - Common Funded RegCF
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Growth Charts

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

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Add to portfolio
TradeAlgo on Dealmaker Securities 2024
Platform: DealMaker Securities
Security Type: Equity - Common
Valuation: $701,175,540
Price per Share: $4.04

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Follow TradeAlgo on Dealmaker Securities 2024

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Warning: according to the close date for this deal, TradeAlgo may no longer be accepting investments.

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