Traidy, a Dubai-UAE-based startup aiming to enhance the investor experience with AI-driven insights, has secured $2 million in pre-seed funding.
SaaS Investors
The round was led by Three Sigma Ventures, an early-stage private equity firm and angel investors.
Traidy Use of Funds
The company will use the funding for technological advancements and expanding market reach, with an initial focus on emerging markets. Traidy aims to simplify stock market investing and empower investors with the right tools to navigate through the noise of social trading platforms.
About Traidy
Founded in 2023, Traidy is a stock trading platform that leverages Large Language Models (LLMs) to interpret social interactions and market trends, providing users with nuanced insights into market dynamics. The platform is designed to analyze and interpret a vast array of information, making it manageable and actionable for investors. Traidy is on a mission to enhance the investor experience with AI-driven insights.
Funding Details
Company: Traidy Limited
Raised: $2.0M
Round: Pre-Seed Round
Funding Month: January 2024
Lead Investors: Three Sigma Ventures
Additional Investors:
Company Website: http://heytraidy.com/
Software Category: Stock Trading Platform
Source: https://www.globenewswire.com/news-release/2024/01/26/2818261/0/en/Traidy-raises-2M-to-build-an-AI-powered-app-for-stock-market.html