Horizon Trade Secures $2M Pre-seed Funding for AI Trading Platform
Horizon Trade has raised $2 million in pre-seed funding from Entrée Capital to enhance its AI platform for trading automation. This development could significantly impact individual traders by providing advanced hedge fund-style trading tools.
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Horizon Trade, based in Israel, has successfully secured $2 million in a pre-seed funding round from Entrée Capital. The company aims to advance its AI-native platform, which allows individual investors to convert investment ideas into automated trading strategies using natural language processing.
The platform is in pre-launch with a waitlist of over 23,000 users. The funds will be allocated towards scaling the platform and refining the AI infrastructure for backtesting and executing trades. This initiative may alter the competitive landscape by making sophisticated trading technologies more accessible to individual investors.
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