Delphia
Delphia Technologies Inc. is a Toronto-based SEC-registered investment adviser that runs an algorithmic investment platform using consumer and alternative data, serving professional investors via its Oracle Alpha hedge fund and retail users through Tilt, its trend-investing app.
- Company typePrivate
- Founded2018
- HeadquartersToronto, Canada
- Headcount11–50
- GTM typeB2B and B2C
- OfferingSoftware
What Delphia does
Delphia Technologies Inc. is a Toronto-headquartered, SEC-registered investment adviser founded in 2018 as a spin-out of Vox Pop Labs. The company operates an algorithmic investment platform that processes structured consumer and alternative data — including credit card transactions, location, Robinhood trades, browser history, and financial history — to generate investment predictions and discretionary portfolio management. Its technology stack includes a proprietary market-neutral quant equity strategy (launched April 2021, with one of the all-time top 5 years of quant equity performance reported in April 2022), an open-sourced backtesting framework (InvestOS, June 2023, since spun out as ForecastOS), and an NLP-based news classification engine partially shared on Hugging Face. Brokerage infrastructure is provided by Alpaca (post-March 2022 clients) and Apex (pre-March 2022 clients).
Following a strategic refocus in 2024, Delphia restructured its revenue model around professional investors via the Oracle Alpha hedge fund (partnership with asset management executives announced May 2024), shut down its consumer robo-advisor and data reward token, and settled SEC AI-washing charges for $400,000. The company monetizes primarily through management fees on advisory mandates under Discretionary Investment Advisory Agreements, restricted to U.S. Tax Residents. In November 2024 it relaunched a consumer surface with Tilt (trend-based investing), and Backchannel (expert knowledge monetization) is on the roadmap. Delphia has raised approximately $79.5M cumulatively (Y Combinator in 2018, a ~$15.4M round in December 2019, and a $60M Series A led by Multicoin Capital in June 2022 with Ribbit Capital, FTX Ventures, and Valor), and employs 11-50 people.
Delphia firmographics
Firmographics- Name
- Delphia
- Legal name
- Delphia Technologies Inc.
- Website
- https://delphia.com
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Delphia Technologies Inc. is a Toronto-based SEC-registered investment adviser that runs an algorithmic investment platform using consumer and alternative data, serving professional investors via its Oracle Alpha hedge fund and retail users through Tilt, its trend-investing app.
- Ownership category
- akta.pro rank
Delphia industry classification
Industry- Product category
- Algorithmic Investment Platform
- NAICS
- Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Alternatives & Multi-Asset Digital Wealth Platforms (PE/VC/Real Assets access) (FSAGAEAL)
- akta.pro secondary industries
- Digital Brokerage & Self-Directed Investing Platforms (FSAGAEAC), Managed Platforms & Wrap Programs for Private Clients (Model Portfolios, UMA/SMAs) (FSAAABAM)
Keywords
Where Delphia is headquartered
LocationHeadquarters
- HQ city
- Toronto
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
Delphia business model
Business model- GTM type
- B2B and B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Investment Advisory Management Fees: Delphia charges management fees for investment advisory services provided through its platform. Registered Clients pay management fees as disclosed on the website and in the Mobile App. The Investment Adviser reserves the right to change management fees subject to the Investment Advisory Agreement terms.
- Referral Program Rewards: Users can earn Referral Program Awards by inviting new users to register on the platform. Rewards are non-transferable, may not be resold, and are not redeemable for cash.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Management fee-based investment advisory service |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels4 records
Delphia product offering
Product offeringCore offering
Delphia operates an algorithmic investment platform that uses AI and machine learning to analyze consumer personal data (credit card transactions, location, Robinhood trades, browser history, financial history) to generate investment predictions and strategies. The platform delivers discretionary investment advisory management to Registered Clients through integrations with Alpaca and Apex brokerages, runs an institutional-grade market-neutral quant equity strategy (Oracle Alpha) for professional investors, and offers trend-based retail investing through Tilt.
Product overview
Delphia is an algorithmic investment platform that collects and analyzes consumer personal data (credit card transactions, location, trades, browsing, financial history) to generate investment predictions and recommendations for users. The core Delphia Platform provides discretionary investment management via integration with Alpaca and Apex brokerages. The company operates a multi-product portfolio: Oracle Alpha (hedge fund, professional investors), Tilt (trend-based retail investing), and Backchannel (expert knowledge monetization, upcoming). Delphia has spun out InvestOS (open-source backtesting framework) and ForecastOS (quant strategy platform), and established Superset Data Trust for data contributor compensation. The previously-planned Data Rewards Token and Robo-Advisor were discontinued in 2024 as the company pivoted toward professional investors.
Differentiator
Problem solved
Functional benefit
Brands
- Oracle Alpha: Hedge fund for professional investors, launched in partnership with asset management executives.
- Tilt
- InvestOS
- Superset
Products and services
- Delphia Platform
Quantifiable outcome
- Top 5 all-time quant equity performance achieved in April 2022
Companies that use Delphia
Customer profileSegments2 records
Ideal customer profiles2 records
Delphia technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
AI capability6 records
Feature4 records
Delphia partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and minor.
- Oracle AlphacoreIn May 2024, Delphia partnered with an experienced group of asset management executives to grow its Oracle Alpha hedge fund, representing a strategic partnership to expand institutional investment operations.
- ForecastOSminorIn June 2023, Delphia open sourced its backtesting framework (InvestOS) and spun out ForecastOS as a new venture. ForecastOS allows anyone to build quantitative investment strategies with confidence.
- Superset Data TrustminorIn March 2023, Delphia helped establish Superset as a Data Trust to ensure 'fair trade' compensation for people's data. Superset is designed to provide equitable data monetization for individuals.
- AlpacacoreDelphia (USA) Inc. uses the Alpaca Customer Agreement for Registered Clients who became clients after March 3, 2022. Alpaca provides the brokerage infrastructure for investment account management.
Scale indicators2 records
Recent moves10 records
Expansion highlights5 records
Delphia competitors and assessment
Company assessmentDirect peers
- Numerai: Numerai operates a crowd-sourced hedge fund that uses alternative data and machine learning models submitted by a global data scientist network. Directly comparable to Delphia's Oracle Alpha in applying alternative data and ML to systematic equity strategies.
- WorldQuant: WorldQuant runs a quantitative investment platform and alpha research community where external contributors build systematic strategies. Comparable to Delphia's institutional quant equity strategy and ForecastOS-style platform for building strategies.
- QuantConnect: QuantConnect provides an open-source algorithmic trading and backtesting platform (LEAN) for quants to design and test strategies. Directly comparable to Delphia's InvestOS open-source backtesting framework and ForecastOS venture.
- Wealthfront: Wealthfront is a leading digital wealth management platform offering automated portfolio management for retail investors. Comparable to the consumer-facing investment advisory offering Delphia previously operated (its now-discontinued robo-advisor).
- Betterment: Betterment is a major robo-advisor providing algorithmically managed portfolios to retail investors. Represents the prior consumer-adjacent business model Delphia has operated and now partly relaunched via Tilt.
- Global Predictions: Global Predictions is an AI-driven investment advisory firm that, like Delphia, was charged by the SEC in March 2024 for AI-washing and settled for $400,000. Closely comparable in business model and regulatory profile.
Emerging players
- Q.ai: Q.ai is an AI-driven investment platform offering retail investors AI-powered trading strategies and portfolio tools. Comparable as a digital, AI-themed investing platform targeting non-institutional investors, similar to Tilt.
Broad incumbents
- Two Sigma: Two Sigma is a large, established quantitative hedge fund applying AI and alternative data to systematic investing. Comparable as a broad incumbent in the same quant equity space where Delphia's Oracle Alpha competes.
- Renaissance Technologies: Renaissance Technologies is the most established quant hedge fund, known for Medallion's outsized returns. Represents the benchmark institutional competitor for any quant equity performance claim from Delphia.
Others
- Alpaca: Alpaca is the brokerage-infrastructure provider that powers Delphia's Registered Client accounts post-March 2022. Relevant as a core technology/infrastructure dependency rather than a direct competitor.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Delphia social profiles
Digital presenceDelphia financial estimates
Financial estimateRevenue estimate
Valuation estimate
Delphia leadership team
Management profileNumber of profiles
Profiles3 records
Delphia subsidiaries and ownership
Company hierarchySubsidiaries2 records
Delphia funding detail
Funding detailFunding overview
Funding rounds3 records
Investors20 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Delphia M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Delphia
What does Delphia do?
Delphia operates an algorithmic investment platform that uses AI and machine learning to analyze consumer personal data (credit card transactions, location, Robinhood trades, browser history, financial history) to generate investment predictions and strategies. The platform delivers discretionary investment advisory management to Registered Clients through integrations with Alpaca and Apex brokerages, runs an institutional-grade market-neutral quant equity strategy (Oracle Alpha) for professional investors, and offers trend-based retail investing through Tilt.
Is Delphia a public or private company?
Delphia is a private company. It is classified as venture growth investor backed and is currently operating.
When was Delphia founded?
Delphia was founded in 2018. It employs 11 to 50 people.
Where is Delphia based?
Delphia is headquartered in Toronto, Canada, in the North America region.
How does Delphia make money?
Two revenue lines are on record. Investment Advisory Management Fees are the primary driver. The others are referral Program Rewards.
Who are Delphia's main competitors?
Direct peers on record are Numerai, WorldQuant, QuantConnect, Wealthfront, Betterment and Global Predictions. Q.ai is listed as an emerging player. Broad incumbents are Two Sigma and Renaissance Technologies. Alpaca is listed as an others.
Does Delphia have an API?
No public API is recorded for Delphia.
What industry is Delphia in?
Delphia's product category is Algorithmic Investment Platform. Its primary akta.pro industry code is FSAGAEAL, Alternatives & Multi-Asset Digital Wealth Platforms (PE/VC/Real Assets access), with a secondary code of FSAGAEAC, Digital Brokerage & Self-Directed Investing Platforms. Its NAICS code is 523940 and its SIC code is 6282.