What is QuantConnect?
QuantConnect operates a leading open-source, multi-asset algorithmic trading platform, serving a community of thousands of funds and over 300,000 investors. The platform offers a comprehensive suite of cloud-based tools designed for quantitative research, backtesting, and live trading. By providing advanced financial analytics and a flexible, customizable open-source engine named LEAN, QuantConnect empowers users to develop diverse trading strategies across various asset classes, catering to both institutional and individual traders seeking to maximize returns.
How much funding has QuantConnect raised?
QuantConnect has raised a total of $960K across 1 funding round:
Private Equity
$960K
Private Equity (2016): $960K, investors not publicly disclosed
What's next for QuantConnect?
The recent major strategic investment signals QuantConnect's readiness for its next phase of scaling and market penetration. With a substantial total funding amount of $960K to its name, the company is well-positioned to enhance its platform capabilities, expand its user base, and potentially explore new asset classes or geographical markets. This backing is likely to accelerate the development of its open-source engine and reinforce its standing as a go-to solution for quantitative traders and financial institutions.
See full QuantConnect company page