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Channel: Julie Muhn (@julieschicktanz), Author at Finovate
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Nous Raises 88% of $527,000 Round

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Nous, a startup that builds products for global financial market enthusiasts, announced last week it has raised 88% of its $527,000 funding goal. The London-based company is currently raising funds on SyndicateRoom, a professional angel crowdfunding site.

The campaign has two weeks left and Nous anticipates it will achieve and possibly exceed its goal amount to reach its overfunding limit.

Nous plans to use the funds to launch a trading app that targets a demographic ignored by current financial products.

In addition to this round of funding, Nous has raised two previous rounds. Its first round, an amount that remains undisclosed, closed in 2012. The second round, which totaled $600,000 closed last fall.

At FinovateEurope 2014, Nous launched SparkProfit, a financial data service and gamified market prediction platform that combines human predictions and quantitative finance to better anticipate future market outcomes.

Above, Justin Short (CEO & Founder) and Mick Horgan (Co-Founder) presenting at FinovateFall 2014.

The post Nous Raises 88% of $527,000 Round appeared first on Finovate.


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