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We make Rizm, a webapp that allows people to build, backtest, paper trade, and deploy trading algorithms without any programming knowledge.
EquaMetrics is based in NYC and was founded in 2011 by three classmates from Harvard. It took the team the past 3 years to build the software. We launched a Beta last summer that was met by wide acclaim and was covered in Forbes, Fortune, the Wall Street Journal, and on CNBC. We finally launched our full product about a month ago and have 4,500 users on the system.
We recently opened up our last pre-revenue offering of $1.5M to put us in a well capitalized position going forward. We've already raised $300,000 of it. We turn on revenue in the near term future after we are approved as an introducing broker dealer and can collect commissions on trade orders.