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Security Type
-
Common Stock
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Min Investment
-
$99
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Offering Date
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November 05, 2021
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Expected Close Date
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October 31, 2022
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Target Raise
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$10.00K-$700.00K
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Security Price
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$1.40
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Valuation
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$7,000,000
- Number of Employees
- 1
- Cash
- $42,360
- Revenue
- $0
- Short Term Debt
- $0
- Cost of Goods
- $0
- Long Term Debt
- $0
- Net Income
- $-109,766
Company Description
Quants Compete is a highly scalable Robo Advisor that has been designed with the intent to outpace our competition. In addition to automatic portfolio rebalancing, we offer more sophisticated trading strategies (e.g., option-based models) in our effort to achieve client goals. We believe this approach will appeal to our primary target audience of entry-level retail investors as well as our secondary target market of more experienced retail investors and/or wealthier clients. Being able to offer clients a diverse library of automatic trading models helps position Quants Compete as a Robo Advisor that can cater to more sophisticated investors.
Key Deal Facts
Our MVP is currently in alpha testing
The backend code is being stress tested
Mobile app (iOS & Android) available on App Store and Google Play
Quants Compete is registered with the Securities and Exchange Commission (SEC) as a Registered Investment Advisor (RIA)
Founder & CEO earned a master’s degree in mechanical engineering and a Ph.D. in physics
Use of Proceeds
- Compensation for managers
- Branding/Marketing
- Website/Mobile App Development
- Legal
- Recruitment (additional analysts)
- Advertising
- Backend Development (Coding)
- Overhead/Indirect Costs
- Intermediary fees
Management Team / Advisory Board Bios
Matthew Jones, Founder & CEO
Dr. Matthew Jones is a registered investment advisor, and the founder & CEO of Quants Compete. His quantitative approach to finance began with his early interest in mathematics and science. He earned both his bachelor’s degree (2000) and master’s degree (2004) in mechanical engineering at Clemson University. It was there he began to notice how seemingly unrelated subjects shared specific fundamental principles. This sparked within him a deep curiosity about these connections, and so, he went on to earn a Ph.D. (2011) in physics at Auburn University. It was in this environment that he really began to explore the relationship that exists between physics, mathematics and finance.