Streak AI Technologies has now secured $1 Million in the funding round of Pre-Series A led by the 3one4Capital along with the collaboration from the Rainmatter Capital. The startup had also secured its seed funding round of $3500000 from the latter back in the year 2017.
Rainmatter Capital is an initiative which is led by the Zerodha funds and invests in some of the latest innovative Indian tech startups. 3One4Capital is a Bangalore based early stage venture capital which is promoted by the TV Mohandas Pai, a top executive of Infosys.
Streak AI has also developed a platform which allows retail traders to validate their trading implement and strategies in live trades in the stock market. The product was developed from the perception in mind that the retail investors are not equipped with the high-end technology which can help them to compete with the institutional traders who are largely trading with the help of complex algorithms.
It enables the retail traders to test their strategies and sharpen their skills without the needs of having any coding skills. It has even partnered with the stockbroking platform Zerodha to take the product across the globe.
“Identifying trading opportunities real time and not having to track positions manually, across segments, has given our users an extra edge. Technical indicators that were mere formulae are now being used to create meaningful trading strategies and techniques that put Indian retail investors on par with the global standards,” said Harsha Manohar, cofounder, Streak AI.
Source: Streak AI Technologies