About Q.ai
Q.ai is a Technology company based in New York (United States) founded in 2017 by Wallace Mathai-Davis and Stephen Mathai Davis, and was acquired by Forbes in December 2019. Q.ai has raised $1 million across 1 funding round from investors including Forbes. Its chief executive, as recorded, is Stephen Mathai Davis. Its focus areas include FinTech, Investment Tech, Wealth Management Platforms and Robo Advisors. Its competitors include Betterment, Stash and Wealthfront; 3 of its 3 listed competitors have raised funding.
Company details
AI-based investment robo advisor for multiple assets. It offers advisory services for stocks, ETFs, options, and more. Its features are AI and big data-based thematic portfolios, automated strategies, performance predicting tools, and more. It also offers a portfolio that determines and optimizes asset allocation.
Funding Insights of Q.ai
Q.ai has successfully raised a total of $1M through 1 strategic funding round. The most recent funding activity was a Seed round of $1 million completed in March 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $1M
- Total Rounds 1
- Last Round Seed — $1M
- First Round $1M
(Mar 2021)
All 1 funding rounds of Q.ai with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2021 | $1M | Seed | – | – | – |
1 investors in total: 1 institutional.
Investors in Q.ai
Q.ai has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Forbes.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Media focus on news and information about business, investing, technology, entrepreneurship, leadership and affluent lifestyles | 1917 | forbes.com | Jersey City, United States |
Investor details for Q.ai
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Q.ai
4 people are tracked at Q.ai (2 in leadership, 2 in team).
| Name | Role | Group |
|---|---|---|
Wallace Mathai-Davis | Co-Founder | Leadership |
Stephen Mathai Davis | Co-Founder & CEO | Leadership |
R Sreeram Kotha | Monitoring Specialist | Team |
Shubham Sharma | Quantitative Software Engineer | Team |
Complete people profiles for Q.ai
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Q.ai
3 dated milestones of Q.ai across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Q.ai is founded.
- Exit Acquired by Forbes.
- Funding First funding round of $1.0M.
Competitors of Q.ai
Q.ai has 3 listed competitors in our database, 3 of them funded. They include Betterment, Stash and Wealthfront.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| betterment.com | 2010 | New York, United States | $335M | 399 | App-based automated investment and retirement planning platform | |
| stash.com | 2015 | New York, United States | $747.48M | Automated investment and robo-advisory services are offered to individuals. | ||
| wealthfront.com | 2008 | Palo Alto, United States | $204.67M | 200 | Robo-advisory and financial planning services are provided for investments. |
Detailed competitors of Q.ai
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Investment & Financial Technology
3 companies that operate in the same segment as Q.ai (Investment & Financial Technology) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Commission-free trading and investment services are provided by Robinhood. | 2013 | Menlo Park, California, United States | USD 5.58 B | USD 2.98 B | 4,841 | |
Financial data and investment advisory tools are offered online. | 1984 | Chicago, Illinois, United States | USD 91 M | USD 351.25 K | 6 | |
App-based platform for spare change investment | 2012 | Irvine, California, United States | USD 587.84 M | 602 |
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Frequently Asked Questions about Q.ai
Q.ai was founded in 2017 and raised its 1st funding round 4 years after it was founded.
Q.ai is headquartered in New York, United States. It is registered at New York, New York, United States.
Stephen Mathai Davis is the CEO of Q.ai, as recorded in our data. They have also founded this company.
Q.ai is a funded company, having raised a total of $1M across 1 funding round to date. The company's 1st funding round was a Seed of $1M, raised on Mar 2021.
AI-based investment robo advisor for multiple assets. It offers advisory services for stocks, ETFs, options, and more. Its features are AI and big data-based thematic portfolios, automated strategies, performance predicting tools, and more. It also offers a portfolio that determines and optimizes asset allocation.
Q.ai's top competitors include Betterment, Stash and Wealthfront.
Q.ai has 1 investor. Key investors include Forbes.
Yes. Q.ai was acquired by Forbes in December 2019.