Surmount Acquires Y Combinator-Backed Quantbase Boosting Assets Under Administration To $290 Million

Surmount, a data-driven investing platform founded by investor Logan Weaver, has acquired Quantbase, a Y Combinator-backed startup focused on becoming the shopify for investment management products. The acquisition boosts Surmount’s assets under administration to $290M and assets investing through its strategies to $90m. With this move, Surmount aims to expand its reach, allowing more creators to build and share investment products while scaling its platform to a broader investor base. BUYER: Surmount (@SurmountInvest) SELLER: Quantbase (@GetQuantbase) Surmount HQ: #new york #nyc Quantbase HQ: #new york #nyc #VentureCapital #Surmount #Quantbase #TradedVC