Delphia

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.

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

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

• Algorithmic investment platform
• Quantitative equity strategies
• Data-driven investing
• Hedge fund management
• AI investment advisory

Headquarters

HQ city

Toronto

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. 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.
2. 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

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core 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

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability6 records

Feature4 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Oracle AlphacoreStrategic or Co-development PartnerIn 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.
• ForecastOSminorStrategic or Co-development PartnerIn 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 TrustminorStrategic or Co-development PartnerIn 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.
• AlpacacoreTechnology or IntegrationDelphia (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

Direct 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

• GitHubgithub.com/forecastos/investos
• YouTubeyoutube.com/watch?v=lrkzyF7nfys
• Xx.com/delphia
• Facebookfacebook.com/delphiaAI
• LinkedInlinkedin.com/company/delphia-ai

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries2 records

Funding overview

Funding rounds3 records

Investors20 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Delphia