Echo Ridge - AI Startup | AI Startup Profile Powered by Appengine AI | Appengine AI - World's Most Promising AI Startups & AI Ecosystem of 10,000+ AI Startups
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Echo Ridge has developed a sophisticated neural network that identifies regulatory opportunities and risks to the financial services sector with up to 97% accuracy, to help funds beat the market
Every day the stock market moves with every new regulatory impact. Fortunes can be made or lost as a result of government regulatory action. The problem is that hedge funds, mutual funds, and every other type of institutional investor have at most a day or two to identify, analyze, and place a bet on the outcome of these regulatory actions. They then need to hope their prediction was correct. In one recent example from 2019, six of the largest investors in the gig economy space lost a collective $1 billion in a mere 10 days due to a single state legislative change.
Total Funding: $760 K
Funding Stage: Seed
Business Stage: Scaling Up
Market: B2C, B2B
Company Size: 1 to 25
Founded: 2018
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