# Numerai funding: rounds and investors

> Numerai has raised $40M across 2 rounds since 2023. Investors include Union Square Ventures, FJ Labs and First Round Capital. Every round with its source.

Source: https://millionrounds.com/company/numerai (Millionrounds; every figure on the page links to its filing or article)

United States · [Series C startup](https://millionrounds.com/companies)

# Who invested in *Numerai*

2 rounds we have observed, with the 7 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AI Asset Management Web3 & Crypto

Raised 11 months ago

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Funding summary Updated 5 Nov 2026

**$40M** raised across 2 rounds since 2023, from 3 sources

**$10M** Series B **$30M** Series C

- **Latest round:** Series C, $30M Nov 2025
- **Step-up i:** 3×
- **Investors:** 7

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2023 2024 2025

**$10M** Series B

**$30M** Series C

- **First round:** Series B, $10M
- **Biggest round:** $30M
- **Between rounds:** 2.8 years

## The rounds

- **Nov 2025** Series C **$30M** *2 new* *1 returning* [Union Square Ventures](https://millionrounds.com/fund/union-square-ventures) [Shine Capital](https://millionrounds.com/fund/shine-capital) [Paul Tudor Jones](https://millionrounds.com/fund/paul-tudor-jones) Reported by TechStartups and 1 other
- **Feb 2023** Series B **$10M** *5 new* [FJ Labs](https://millionrounds.com/fund/fj-labs) [First Round Capital](https://millionrounds.com/fund/first-round-capital) [Union Square Ventures](https://millionrounds.com/fund/union-square-ventures) [Paradigm](https://millionrounds.com/fund/paradigm) [CoinFund](https://millionrounds.com/fund/coinfund) Source recorded SEC filing: $5.0M sold, first sale Feb 2023

## Funding filed with regulators

Numerai filed one raise, $3.8M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Feb 2023 **$3.8M** 13 investors equity of $5.0M offered SEC Form D

## Founders and team

From the SEC filings it signed: 1 on the team.

- **Richard Craib** Director of the Issuer i

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series B** 2023 **Series C** 2025 [Union Square Ventures](https://millionrounds.com/fund/union-square-ventures) [FJ Labs](https://millionrounds.com/fund/fj-labs) [First Round Capital](https://millionrounds.com/fund/first-round-capital) [Paradigm](https://millionrounds.com/fund/paradigm) [CoinFund](https://millionrounds.com/fund/coinfund) [Shine Capital](https://millionrounds.com/fund/shine-capital) [Paul Tudor Jones](https://millionrounds.com/fund/paul-tudor-jones)

## Everyone who backed them

[Union Square Ventures](https://millionrounds.com/fund/union-square-ventures) VC firm **2** rounds

[FJ Labs](https://millionrounds.com/fund/fj-labs) VC firm **1** round

[First Round Capital](https://millionrounds.com/fund/first-round-capital) VC firm **1** round

[Paradigm](https://millionrounds.com/fund/paradigm) VC firm **1** round

[CoinFund](https://millionrounds.com/fund/coinfund) VC firm **1** round

[Shine Capital](https://millionrounds.com/fund/shine-capital) VC firm **1** round

[Paul Tudor Jones](https://millionrounds.com/fund/paul-tudor-jones) Growth equity **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=numerai).

## Also claim to have backed them

These 3 firms list Numerai as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Air Street Capital](https://millionrounds.com/fund/air-street-capital) VC firm Per its own site

[Long Venture Partners](https://millionrounds.com/fund/long-venture-partners) VC firm Per its own site

[Tunitas Ventures](https://millionrounds.com/fund/tunitas-ventures) VC firm Per its own site

## Quick answers about Numerai

### Who invested in Numerai?

Numerai's investors include Union Square Ventures, FJ Labs, First Round Capital, Paradigm and CoinFund, and 2 more on record.

### How much has Numerai raised?

Numerai has raised $40M across 2 rounds since 2023.

### When did Numerai last raise?

Numerai's most recent round was a Series C of $30M in Nov 2025.

### What was Numerai's biggest round?

Its most recent round, $30M in Nov 2025, is also its largest on record.

### Who backed Numerai first?

Numerai's first round on record, in Feb 2023, was backed by FJ Labs, First Round Capital and Union Square Ventures and 2 others.

### What stage is Numerai at?

Numerai's latest named round is a Series C, in Nov 2025.

### Where is Numerai based?

Numerai is based in the United States.

## Companies like Numerai

In the same sector, and raised in the last eighteen months.

[**Laza Medical** $160M · Nov 2026](https://millionrounds.com/company/laza-medical)[**Journify** $12M · Nov 2026](https://millionrounds.com/company/journify)[**Nooks** $543M · Nov 2026](https://millionrounds.com/company/nooks)[**Applied Compute** $580M · Nov 2026](https://millionrounds.com/company/applied-compute)[**Agrani Labs** $123M · Nov 2026](https://millionrounds.com/company/agrani-labs)[**Guava** $13M · Nov 2026](https://millionrounds.com/company/guava)

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