Surmount
- Company typePrivate
- Founded2020
- HeadquartersSan Francisco, United States
- Headcount11–50
- GTM typeB2C
- OfferingSoftware
Surmount firmographics
Firmographics- Name
- Surmount
- Legal name
- Surmount AI Inc.
- Website
- https://surmount.ai
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Surmount industry classification
Industry- Product category
- Automated Investing Platform
- NAICS
- Portfolio Management and Investment Advice (523940)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Digital Wealth Platforms for Advisors (TAMP/Advisor Tech) (FSAGAEAH)
Keywords
Where Surmount is headquartered
LocationHeadquarters
- HQ city
- San Francisco
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Surmount business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Infrastructure, Marketing or Sales, Operations
Revenue model
- Platform Subscription: Basic tier is free with limited access. Pro tier provides full platform access including NASDAQ 2 market data subscription for a recurring monthly or annual fee.
- Investment Advisory Services: Quantbase, LLC (wholly-owned subsidiary) provides investment advisory services for users who enter into advisory agreements. Revenue generated through advisory fees.
- Strategy Marketplace: Users can create and share strategies, with earning potential for strategy creators when others subscribe or implement their strategies.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Monthly | Basic - Free platform access |
| Subscription | Monthly | Pro - Paid platform access with full features |
Go-to-market motion2 records
Distribution channels5 records
Marketing channels6 records
Surmount product offering
Product offeringCore offering
Surmount provides an AI-powered, broker-agnostic automated investing platform that enables self-directed investors to build, back-test, and deploy investment strategies across stocks, ETFs, REITs, mutual funds, and global securities. The offering combines a no-code visual strategy builder, a Python-based Strategy Builder API with technical indicators and alternative data classes, and a library of 100+ pre-built back-tested strategies, with investment advisory services delivered through its SEC-registered subsidiary Quantbase, LLC and brokerage/custody provided by Alpaca Securities LLC.
Product overview
Surmount is a financial technology platform offering an AI-powered automated investing ecosystem for self-directed investors. The core product is the Surmount Automated Investing Platform, which provides pre-built investment strategies (100+ tested models), a Python-based Strategy Builder for custom algorithmic trading, and user-created strategy sharing. The platform integrates with Quantbase (acquired subsidiary) for investment advisory services and Alpaca Securities LLC for brokerage custody. Additional products include the Surmount Calculator, User-Created Strategies marketplace, and the WCEO ETF partnership. Pricing includes a free Basic tier and a Pro paid subscription tier with NASDAQ market data access.
Differentiator
Problem solved
Functional benefit
Brands
- Quantbase: A wholly-owned subsidiary of Surmount AI Inc. that is an investment adviser registered with the U.S. Securities and Exchange Commission, providing investment advisory services through the Surmount platform.
Products and services
- Surmount Automated Investing Platform AI-powered automated investing platform that lets self-directed investors create, back-test, and deploy investment strategies across stocks, ETFs, REITs, mutual funds, and global securities. Connects to multiple U.S. brokerages via bank-level security and supports automated trade execution, intelligent position management, tax harvesting, and dynamic rebalancing. Targets U.S. retail investors with optional advisory services via Quantbase, LLC.
- Surmount Calculator Standalone investment calculator tool for portfolio planning and performance estimation, available at calculator.surmount.ai.
- Quantbase Investment Advisory SEC-registered investment advisory service acquired by Surmount in December 2024, now operating as a wholly-owned subsidiary providing investment advisory services through the Surmount platform under advisory agreements.
- WCEO ETF (Hypatia Capital partnership) Hypatia Capital's Women CEO ETF offered through Surmount's automated investing platform, providing exposure to companies led by female CEOs.
Quantifiable outcome
- Democratizes hedge fund and family office-level investing strategies for everyday investors
- +2 more outcomes
Companies that use Surmount
Customer profileNamed customers8 records
Segments3 records
Ideal customer profiles3 records
Surmount technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
AI capability7 records
Feature7 records
Surmount partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core.
- Quantbase, LLCcoreQuantbase, LLC is a wholly-owned subsidiary of Surmount AI Inc and a registered investment adviser with the SEC. Surmount's platform routes investment advisory services through Quantbase, which provides investment advice to users who enter into advisory agreements. Brokerage and custody services are provided by Alpaca Securities LLC.
- Alpaca Securities LLCcoreSEC-registered broker-dealer and member FINRA/SIPC. Provides brokerage and custody services for Quantbase advisory accounts. Orders are routed to exchange-approved platforms built and maintained by Surmount for partner brokers.
- Top U.S. Brokerage FirmscoreSurmount connects to multiple registered brokerage firms enabling users to execute exchange-traded securities through nearly any investment account using bank-level security.
- NASDAQcorePro subscribers agree to NASDAQ 2 v.3.2021.06 OMX Global Subscriber Agreement for market data display services.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
Surmount competitors and assessment
Company assessmentDirect peers
- Composer Technologies: No-code automated investing platform that lets retail users build, backtest, and share trading strategies. Nearly identical product proposition to Surmount, including a strategy marketplace and broker integrations.
- M1 Finance: Automated investing platform using portfolio 'pies' for self-directed and advisor-served investors, with dynamic rebalancing and fractional shares. Closest direct U.S. competitor in the automated retail investing category.
- Wealthfront: Leading robo-advisor offering automated portfolio management, tax-loss harvesting, and direct indexing for retail and high-net-worth investors. Direct overlap with Surmount's Quantbase advisory offering.
- Betterment: Pioneer digital wealth management platform offering automated portfolio construction, goal-based planning, and advisor tools — overlapping directly with Surmount's dual retail/advisor proposition.
- QuantConnect: Open-source algorithmic trading platform with Python-based strategy development, backtesting, and live deployment. Closest comparable to Surmount's Python Strategy Builder for quant retail users.
Emerging players
- Alpaca: Commission-free API-first brokerage and trading infrastructure for developers and fintech apps. Direct integration partner and infrastructure peer powering Surmount's execution layer.
- Tradier: API-first brokerage and embedded finance platform serving fintech apps and developers — comparable infrastructure peer to Surmount's broker-agnostic, developer-first distribution model.
Broad incumbents
- TradeStation: Established broker with deep automation, EasyLanguage strategy scripting, and an active trader community. Comparable via Surmount's TradeStation integration and shared algorithmic-trading customer base.
- Interactive Brokers: Global, broker-agnostic, API-rich brokerage popular with sophisticated retail and quant investors. Comparable to Surmount on broker-agnostic connectivity and quant-grade tooling, though at vastly larger scale.
- Robinhood: Mass-market retail investing platform increasingly adding automation, strategies, and AI features. Comparable audience and product direction, with materially larger distribution and brand.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Surmount social profiles
Digital presenceSurmount compliance and trust
Trust signalCompliance2 records
Surmount financial estimates
Financial estimateRevenue estimate
Valuation estimate
Surmount leadership team
Management profileNumber of profiles
Profiles2 records
Surmount subsidiaries and ownership
Company hierarchySubsidiaries2 records
Surmount funding detail
Funding detailFunding overview
Funding rounds2 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Surmount 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 Surmount
What does Surmount do?
Surmount provides an AI-powered, broker-agnostic automated investing platform that enables self-directed investors to build, back-test, and deploy investment strategies across stocks, ETFs, REITs, mutual funds, and global securities. The offering combines a no-code visual strategy builder, a Python-based Strategy Builder API with technical indicators and alternative data classes, and a library of 100+ pre-built back-tested strategies, with investment advisory services delivered through its SEC-registered subsidiary Quantbase, LLC and brokerage/custody provided by Alpaca Securities LLC.
Is Surmount a public or private company?
Surmount is a private company. It is classified as venture growth investor backed and is currently operating.
When was Surmount founded?
Surmount was founded in 2020. It employs 11 to 50 people.
Where is Surmount based?
Surmount is headquartered in San Francisco, United States, in the North America region.
How does Surmount make money?
Three revenue lines are on record. Platform Subscription is the primary driver. The others are investment Advisory Services and strategy Marketplace.
Who are Surmount's main competitors?
Direct peers on record are Composer Technologies, M1 Finance, Wealthfront, Betterment and QuantConnect. Emerging players are Alpaca and Tradier. Broad incumbents are TradeStation, Interactive Brokers and Robinhood.
Does Surmount have an API?
Yes. Surmount offers a Python-based Strategy Builder API that allows developers to create automated trading strategies. The API provides base classes (Strategy, TargetAllocation), technical indicators (RSI, SMA, EMA, MFI, MACD, MACD_F, BB, Slope, ADX, CCI, PPO, SO, WillR, STDEV, VWAP, Momentum, PSAR, OBV, ATR), and data classes for strategy development. Strategies can be defined with intervals including 1min, 5min, 1hour, 4hour, and 1day. The API supports access to OHLCV data, insider trading data, institutional ownership, financial statements, ratios, social sentiment, executive compensation, and macroeconomic indicators. Developer documentation is at docs.surmount.ai.
What industry is Surmount in?
Surmount's product category is Automated Investing Platform. Its primary akta.pro industry code is FSAGAEAH, Digital Wealth Platforms for Advisors (TAMP/Advisor Tech). Its NAICS code is 523940 and its SIC code is 6282.