Quantbase Raises $500K In Pre-Seed Funding

Quantbase, a New York-based fintech company that enables high-risk investing through automated portfolios, raised $500K in Pre-Seed funding.

Backers included Witz Ventures, Dorm Room Fund, Trolley Ventures, Soleil Capitale, YC alumni, and Thirdline Capital head Larry Eiben, among others.

The company intends to use the funds to extend its crypto portfolio offering and develop its product.

Founded in 2021 by Thomas Stewart (serial founder with multiple exits under his belt) and Som Mohapatra (quant trader and portfolio manager), Quantbase provides a platform that enables investing through automated portfolios for everything high-risk, with buttoned-up quant hedge fund strategies on one end and crypto indices on the other, and featuring mass appeal strategies like the Nancy Pelosi tracker and Inverse Cramer index.

The company aims to standardize the alternative space – which includes crypto and NFTs, but also assets like wine and non-assets like prediction markets.

Quantbase is an SEC-registered investment advisor.