Crunchdao

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Crunchdao - overview

Established

2021

Location

-, NJ, US

Primary Industry

Software

About

Crunchdao is a US-based company specializing in decentralized machine learning, connecting a global network of data scientists to solve complex challenges through competitive collaboration. Crunchdao, founded in 2021 and headquartered in the US, operates a decentralized platform for machine learning problem-solving. The company has conducted a single deal, raising USD 5. 00 mn in a recent funding round on October 7, 2025, from investors including Galaxy Asset Management and Road Capital Management, among others.


The founder's previous entrepreneurial history is not publicly available. Crunchdao offers a decentralized machine learning protocol that facilitates collaboration among a global network of over 10,000 data scientists and machine learning engineers. The platform enables clients to submit machine learning challenges, solved by participants competing for rewards, fostering innovation and expertise sharing across various industries and borders. Key features include secure IP protection, real-time prediction capabilities, and a streamlined model submission process, catering to a diverse clientele, including leading research institutions and financial organizations from over 100 countries.


Notable collaborations involve partnerships with the Broad Institute of Harvard and MIT and the ADIA Lab. Crunchdao generates revenue through a competitive framework involving machine learning tournaments, where clients pay for access to a pool of experts to solve specific problems. The challenge structure often includes prize pools exceeding USD 100,000, incentivizing data scientists to deliver high-quality models. Clients benefit from a subscription-based model granting access to the platform’s features and engage in collaborative approaches to foster ongoing partnerships with data scientists and institutions.


In October 2025, Crunchdao raised USD 5 mn in venture funding to expand its decentralized artificial intelligence model deployment infrastructure and integrate production-ready machine learning systems. The funding will also support the establishment of a blockchain artificial intelligence platform support network. The company plans to introduce new products aimed at enhancing its competitive platform capabilities and is targeting expansion into additional global markets within the next year.


Current Investors

Galaxy Asset Management, VanEck, Multicoin Capital

Primary Industry

Software

Sub Industries

Analytics & Performance Software, Application Integration Software, Browser Software & Plug-ins

Website

www.crunchdao.com/

Verticals

Artificial Intelligence, Cloud Computing, Research (Non-Medical)

Company Stage

Early Stage

Total Amount Raised

Subscriber access only

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.