Pit.ai

Pit.ai is a new machine learning-powered hedge fund using a variant of reinforcement learning to evaluate trading strategies. Pit.ai evaluates trading strategies themselves, taking into account metrics like Sharpe ratios and maximum drawdown — financial tools for evaluating risk.

Company Type: Startup

Region: US & Canada

Industry Category: Financial Services Private Equity & Investments Fintech

Product: Devise: The Alternative Exchange

Research: Open Research