What Dawn Labs does

Dawn Labs was a New York-based applied AI research lab founded in 2025 by Neeraj Prasad, building agentic AI tools for financial markets with an initial focus on prediction markets. Its product, Dawn CLI (launched May 11, 2026), is an AI-native command-line trading platform that converts plain English strategy descriptions into production-ready Python code capable of autonomously monitoring data feeds (USGS, sports books, financial headlines), validating prices and slippage via pre-trade simulation, and executing trades 24/7 on prediction market venues including Polymarket and Kalshi.

The platform's technical architecture combines natural language processing for strategy intent capture, generative code synthesis for strategy implementation, and autonomous agent execution with built-in stress-testing and risk management. It supports a broad vertical footprint spanning crypto, sports, politics, equities, commodities, climate, and macro events. Distribution is exclusively self-serve product-led growth via dawn.ai and cli.dawn.ai with a waitlist-based acquisition model. Pricing is positioned as 0% platform fees with monetization presumed to come from an undisclosed take rate on executed trades.

On May 11, 2026, Dawn Labs was acquired by MoonPay—a global crypto payments network serving 30 million customers across 180 countries. Founder Neeraj Prasad was appointed Chief Engineer of MoonPay Labs, and the full Dawn team joined MoonPay to advance its AI-native financial services infrastructure alongside MoonPay CLI, MoonAgents Card, and the Open Wallet Standard. As a result, Dawn Labs no longer operates as an independent commercial entity; its product roadmap and revenue mechanics are now embedded within MoonPay's broader strategy.

Name

Dawn Labs

Legal name

Dawn

Website

https://dawn.ai

Company type

Private

Founded year

2025

Operating status

Acquired

Headcount range

1–10 employees

Short description

Dawn Labs was a New York-based applied AI lab that built Dawn CLI, an AI-native tool converting plain English trading strategies into autonomous code executing 24/7 on prediction markets like Polymarket and Kalshi, before being acquired by MoonPay in May 2026.

Ownership category

akta.pro rank

Product category

AI Trading Software

NAICS

Software Publishers (513210), Computer Systems Design and Related Services (54151)

SIC

Services-Prepackaged Software (7372), Services-Computer Programming Services (7371)

akta.pro primary industry

Experiment Tracking, Metadata & Model Registry (HDAAABAC)

Keywords

• Prediction market trading
• AI trading copilot
• Automated trading platform
• Natural language trading
• Algorithmic trade execution

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Software

Cost components

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

Revenue model

1. Transaction-based trading fees: Dawn charges no platform fees and keeps 100% of profits from trades. Revenue is likely generated through a take rate or spread on executed trades, though the specific fee structure is not publicly disclosed.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Dawn Labs operates an AI-native trading platform called Dawn that translates plain English strategy descriptions into production-ready Python code, which then autonomously executes trades 24/7 across prediction markets such as Polymarket and Kalshi. The flagship product Dawn CLI provides a self-serve command-line and web interface that monitors real-time data sources and executes trades on behalf of users without requiring coding experience.

Product overview

Dawn Labs offers an AI-native trading platform centered around Dawn, an infinitely customizable AI trading copilot for prediction markets. The flagship product Dawn CLI translates plain English strategy descriptions into production-ready Python code that autonomously executes trades 24/7. The platform integrates with prediction markets (Polymarket, Kalshi), real-time data feeds (USGS, sports data), and supports the full trading lifecycle from strategy input through research, backtesting, simulation, and live execution. The company was acquired by MoonPay in May 2026.

Differentiator

Problem solved

Functional benefit

Brands

• Dawn CLI: AI-native trading tool that converts plain English strategy descriptions into executable code with automated research, backtesting, and autonomous trade execution for prediction markets.

Products and services

• Dawn CLI
• Dawn

Quantifiable outcome

• Users keep 100% of trading profits with 0% platform fees

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability8 records

Feature6 records

Partnerships

One partnership is on record.

• MoonPaycoreStrategic or Co-development Partner · 11 May 2026MoonPay acquired Dawn Labs on May 11, 2026, bringing the entire Dawn Labs team under MoonPay's umbrella. Founder Neeraj Prasad was appointed as Chief Engineer of MoonPay Labs. This acquisition advances MoonPay's strategy to build AI-native infrastructure for financial services, integrating Dawn's AI trading capabilities with MoonPay's existing products including MoonPay CLI, MoonAgents Card, and the Open Wallet Standard.

Scale indicators2 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Cryptohopper: AI-driven crypto trading bot marketplace with strategy builders and marketplace signals. Comparable to Dawn as a retail-facing, automated, AI-augmented trading platform — though it targets spot crypto rather than prediction markets.
• QuantConnect: Open-source algorithmic trading platform for designing, backtesting, and deploying strategies across multiple asset classes. Comparable to Dawn in bridging code-to-execution, though QuantConnect targets quant-literate users rather than no-code plain-English input.
• Tickeron: AI-driven trading platform offering pattern recognition, predictions, and automated trading robots. Comparable to Dawn as an AI-trading-tooling company targeting retail traders with automated execution.
• Trade Ideas: AI-powered stock scanning and trade-idea generation platform (Holly AI). Comparable to Dawn as an AI-native retail trading decision-support tool, though Trade Ideas focuses on US equities and signal generation rather than autonomous multi-venue execution.
• Composer.trade: No-code, AI-assisted algorithmic trading platform that lets retail users build, backtest, and deploy automated trading strategies. Most directly comparable to Dawn's plain-English-to-execution approach, although Composer focuses on equities/ETFs rather than prediction markets.
• 3Commas: Crypto trading automation platform with bots, DCA, and signal-driven execution. Comparable to Dawn in its PLG, retail-crypto, automated-execution focus; differs in venue focus (CEX/DEX spot vs. prediction markets).
• Alpaca: Commission-free trading API and brokerage used heavily by algo/retail developers to build automated trading applications. Comparable to Dawn in its developer-friendly, automation-first DNA, though Alpaca provides infrastructure rather than an end-user AI agent.

Broad incumbents

• Robinhood: Mass-market retail trading platform that has been adding AI-powered features and prediction-market exposure. Comparable to Dawn's retail/crypto trader target user base, and represents a likely eventual competitor in AI-assisted trading at scale.
• Kalshi: CFTC-regulated event-contract prediction market in the US, and a direct integration partner for Dawn. Comparable as the institutional-grade venue Dawn executes against, and a potential first-party AI-agent competitor over time.
• Polymarket: Largest crypto-native prediction market venue and a direct integration partner for Dawn. Comparable because it is the underlying trading venue Dawn is built on top of; also a potential competitor if it adds native AI strategy tools.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Dawn Labs