Irish AI Fintech Quantmatix secures almost €3M from Angel Investors

Quantmatix, the leading Dublin-based FinTech company, has achieved remarkable success in a funding round that secured significant investments totalling over €2.7 million. This infusion of funds will have a transformative impact on Quantmatix’s predictive analytics technology, propelling it to greater heights, expanding its market reach and accelerating the launch of its highly anticipated Software as a Service (SaaS) product.

Quantmatix, founded in late 2021, is a master in harnessing advanced tools and algorithms that empower traders and investors to make astute decisions with confidence and precision. With its proprietary algorithm fuelled by big data, artificial intelligence, and machine learning, Quantmatix predicts prices and market performance across diverse asset classes, including Equities, Fixed Income, FX, Crypto, and Commodities.

The funding round received support from the HBAN network (Halo Business Angel Network) and Enterprise Ireland, with Quantmatix having been part of their High Performing Start-Ups (HPSU) Class of 2022. Notably, Quantmatix’s advisory board is also getting an injection of expertise from Kevin O’Byrne, Investor and Senior Independent Director of Centrica PLC, Board member of International Flavours and Fragrances, and former CFO of Sainsbury PLC. Also David Geraghty, former board member of Meta Ireland, and an existing investor and adviser to CEOs of Irish start-ups who have successfully scaled and grown internationally.

HBAN angels have invested in recent funding success stories including GreyScout, Examfly and now, Quantmatix.

“It is encouraging to see Irish Fintech opportunities like Quantmatix close an oversubscribed round. HBAN was delighted to support the Quantmatix team kick-off this investment round, helping to sharpen their investment proposition and build momentum around the funding. We’re delighted to be part of their journey and excited to see their future growth made possible with this significant injection of funding.” Ciaran Gilsenan, All-Island Director, HBAN.

Tested against major market indices, the Quantmatix algorithm has consistently eclipsed benchmarks, beating the Stoxx 50 by 38.3%, the S&P by 14.0%, Stoxx Europe 600 by 48.0%, and the FTSE 100 by 31.7% over the most recent six-year period. This impressive track record, coupled with its sharp foresight in accurately predicting major market events, showcases the unrivalled effectiveness and reliability of Quantmatix’s predictive analytics technology.

The cutting-edge market timing tool developed by Quantmatix boasts impressive features and capabilities, including slow-moving persistent scores, actionable trading signals, and dynamic market support and resistance levels. Armed with these powerful insights, traders and investors gain an undeniable edge in analysing asset classes and portfolios, empowering them to seize opportunities and mitigate risks in the ever-evolving financial landscape. Quantmatix captures the essence of the financial revolution with its AI-driven insights.

“This achievement represents the strength of Quantmatix predictive analytics and solidifies the trust emanating from our ever-growing client list of global hedge funds and asset managers. Bolstered by this substantial financial investment, we are poised to swiftly introduce a pioneering SaaS product to family offices and professional investors.” Liam Boggan, head of Quantmatix.

Quantmatix remains steadfast in its pursuit of empowering traders and investors with unparalleled capabilities and insights, redefining the boundaries of success in financial markets. The unwavering commitment to employing cutting-edge technologies firmly establishes Quantmatix as the trailblazer in the evolving predictive analytics landscape. The new funds raised by Quantmatix will be used to expand its sales and marketing base in the US, Middle East and Asia and to support additional jobs and further investment in AI and big data analytics as Quantmatix grows to 20 employees.

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