Solving intelligence for investment management.
Company is closed
Event Year: 2016
Company is closed
Event Year: 2016
Pit.AI Technologies was dedicated to revolutionizing investment management through the application of advanced artificial intelligence. Their core mission involved integrating cutting-edge AI research with robust computational resources to autonomously discover profitable trading strategies within financial markets.
Their unique approach diverged from conventional portfolio optimization methods by avoiding reliance on potentially inaccurate assumptions about market behavior. Instead, they leveraged the power of AI techniques on extensive datasets to identify and capitalize on emerging market inefficiencies. This involved automatically detecting opportunities rather than simply validating or testing pre-existing, human-derived trading concepts, intuitions, or predictive models.
The company envisioned a future where the investment management sector would be fundamentally transformed by AI. They anticipated the automation of trading idea generation, leading to cost reductions and the elimination of traditional management fees, ultimately shifting the value proposition of fund managers.
Pit.AI Technologies was dedicated to revolutionizing investment management through the application of advanced artificial intelligence. Their core mission involved integrating cutting-edge AI research with robust computational resources to autonomously discover profitable trading strategies within financial markets.
Their unique approach diverged from conventional portfolio optimization methods by avoiding reliance on potentially inaccurate assumptions about market behavior. Instead, they leveraged the power of AI techniques on extensive datasets to identify and capitalize on emerging market inefficiencies. This involved automatically detecting opportunities rather than simply validating or testing pre-existing, human-derived trading concepts, intuitions, or predictive models.
The company envisioned a future where the investment management sector would be fundamentally transformed by AI. They anticipated the automation of trading idea generation, leading to cost reductions and the elimination of traditional management fees, ultimately shifting the value proposition of fund managers.
Total Raised: Unknown (Y Combinator backed)
Last Round: Winter 2017
Total Raised: Unknown (Y Combinator backed)
Last Round: Winter 2017
Fintech
Fintech
Fintech -> Asset Management
Fintech -> Asset Management
Team size: 2
Hiring: No
Team size: 2
Hiring: No
