Cassia Research

wealthtech-retailfinancial research

FOUNDING YEAR: 2013
LOCATION: Canada
Last Update: 08/09/2020

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About

Cassia Research Inc. is a quantitative investment research firm founded in 2013. Cassia Research Inc. is a pioneer in designing and implementing investment strategies that can change and adapt in response to today’s rapidly shifting market conditions. Machine learning and statistical techniques such as PCA, SVM, Bootstrap, and Convex Optimization are used to build regime switching trading models and portfolio optimization algorithms.

MEDICI Analysis

Cassia Research Inc. is a quantitative investment research firm founded in 2013. Cassia Research Inc. is a pioneer in designing and implementing investment strategies that can change and adapt in response to today’s rapidly shifting market conditions. Machine learning and statistical techniques such as PCA, SVM, Bootstrap, and Convex Optimization are used to build regime switching trading models and portfolio optimization algorithms.

Focus

PRODUCTS & SERVICES

Portfolio Mnangement, Risk Management, Dynamic Rebalancing

REVENUE MODEL

SAAS monthly fee per advisor/wealth manager.

MAIN CLIENTS

Retail investors and banks

PRIMARY PROBLEM SOLVED

Huge amounts of time saved for wealth managers, powerful portfolio modeling, and significantly improved prospecting.

INTELLECTUAL PROPERTY

Patent(s) NOT_FILED

company provided insights

Traction

REVENUE COMMENT:

Our initial users are beta users, so they have received a significantly discounted price.

NUMBER OF TRANSACTIONS:

20.00

ACTIVE USERS:

20

People

FOUNDERS

Henry Bee

Jesse Chen

BOARD MEMBERS AND ADVISORS

Jean-Marc Bougie

Peter Smyrniotis

Henry Bee

Jesse Chen

NUMBER OF EMPLOYEES

1-10

INVESTORS:

Launch Academy

Momentum

FUNDED

NO

NUMBER OF FUNDING ROUNDS

1

TOTAL FUNDING

$400 K

DATE OF LAST FUNDING

2016

SEED & PRIOR FUNDING

$400 K

SEED CLOSED ON

Mar 2016

SEED PRIOR FUNDING COMMENT

We are in the middle of our second fundraising round, with more $400,000 in the bank out of a total of $1,000,000 target for this round.

LISTED

NO

Innovation Programs

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Cassia Research

About

Cassia Research Inc. is a quantitative investment research firm founded in 2013. Cassia Research Inc. is a pioneer in designing and implementing investment strategies that can change and adapt in response to today’s rapidly shifting market conditions. Machine learning and statistical techniques such as PCA, SVM, Bootstrap, and Convex Optimization are used to build regime switching trading models and portfolio optimization algorithms.

Focus

PRODUCTS & SERVICES

Portfolio Management, Risk Management, Dynamic Rebalancing, Volatility and Drift Alerting, Prospecting

REVENUE MODEL

SAAS monthly fee per advisor/wealth manager.

TOP PROBLEM SOLVED

Huge amounts of time saved for wealth managers, powerful portfolio modeling, and significantly improved prospecting.

PRODUCT DEVELOPMENT STAGE

COMMERCIAL LAUNCH

PRODUCT DEVELOPMENT COMMENT

-We have a very ambitious team, and an aggressive road-map, driven by user and prospect feedback in the wealth management realm.

KEY DIFFERENTIATORS

-Multivariate Garch leveraged in Risk Engine. -Superior risk questionnaire system. -A consolidated platform, easing log in fatigue.

PRIMARY CUSTOMER TYPE

Enterprise - Banks or Financial Institutions

Small and Medium Business - Online Retail

Small And Medium Business - Other

STRATEGIC CLIENTS AND PARTNERSHIP

Quovo : Partner - integration

Quandl : Data - integration

Traction

REVENUE COMMENT:

Our initial users are beta users, so they have received a significantly discounted price.

NUMBER OF TRANSACTIONS:

20.00

ACTIVE USERS/ACCOUNTS:

20 Million

LIVE USERS/TRANSACTIONS:

No live users/transaction yet

CHANNEL STATUS

INITIAL CLIENTS

NUMBER OF CLIENTS OR PAYING CUSTOMERS

12

People

NUMBER OF EMPLOYEES

11-50

TEAM COMMENT:

Our team is very hungry,,very talented, with team profiles available in the pitch deck, provided upon request.

BOARD MEMBERS AND ADVISORS:

Henry Bee, Jesse Chen

INVESTORS:

Launch Academy

Momentum

FUNDED

YES

FUNDING COMPLETED

NO

LISTED

NO

FUNDING SERIES
Seed
Mar 2016
USD400 K
at a USD4 Mvaluation
Comment on Seed
We are in the middle of our second fundraising round, with more $400,000 in the bank out of a total of $1,000,000 target for this round.