Sequoia-backed Catalyst raises $30 million to build AI trading agents for everyday investors
A $30 million seed round will help the startup’s founders build out their army of investing agents.
Justin Zheng and Dylan Iskandar, two young tech-savvy entrepreneurs, have teamed up to create Catalyst, an AI-driven platform aimed at making complex financial markets accessible to everyday investors. Over the years, Zheng and Iskandar have developed impressive credentials; Zheng built an Ethereum-based startup in middle school, while Iskandar published cybersecurity research in high school.
Sequoia led a $30 million seed round investment in Catalyst, with other investors including Jump Trading, PeakXV, Lux Capital, AntiFund, Coinbase, and Premji Invest. The startup’s agents take natural language inputs and translate them into trading strategies, which are then executed. Human oversight is required during the process, but primarily, investors simply state their investment intentions.
Catalyst’s team is focused on democratizing finance for retail investors, and they have implemented user education tools to ensure safety and risk awareness.
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