Options AI, a New York-based brokerage platform putting option spreads in the toolkit of retail investors, closed a $4.1 million in a seed funding round.

The round was led by Akuna Capital, Optiver Principal Strategic Investments, and Miami International Holdings, Inc., with participation from ViewTrade Holdings.

The company is currently expanding its team and plans to open an office in Chicago in the near future.

Company: OptionsAI LLC

Raised: $4.1M

Round: Seed Round

Funding Month: November 2021

Lead Investors: Akuna Capital, Optiver Principal Strategic Investments, and Miami International Holdings, Inc.

Additional Investors: ViewTrade Holdings

Company Website: https://www.optionsai.com/

Software Category: Brokerage platform

About the Company: Led by John Foley, CEO, Options AI Financial is a broker-dealer with the goal of bringing smart options to retail investors. Its innovative technology provides a visual approach to options trading empowering investors to clearly see opportunities, compare strategies and manage positions. Options AI is a powerfully simple brokerage platform. It gives traders the freedom to choose between stock, options, and spreads, all from one chart. Set an informed price target and instantly find the trade that’s right for you. No user manual is required.

Source: https://www.finsmes.com/2021/11/options-ai-raises-4-1m-in-seed-funding.html