BlackHedge
The business, the turning points, and the decisions behind them.
Some sections are still being researched2 / 4
Sections to complete：02 · 05
01 / WHAT IT BUILT
What the company did
BlackHedge was an AI-powered mobile investing app for retail investors in stock and crypto markets. Based between Jacksonville, Florida and Baltimore, Maryland, it offered data-driven insights, chart visualizations and automated research to help individual investors predict stock market trends and manage portfolios.
02 / FAILURE REASONS
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03 / EVENT HISTORY
Events in the structured record
- Company founded
Co-founder and CEO Mahmood Saboungi starts building BlackHedge, an AI-powered predictive investing tool for active retail investors.
- Funding round
BlackHedge raises a $422,500 pre-seed round in February 2023 and joins the Techstars Equitech Accelerator.
- Acquisition
BlackHedge is acquired by Surmount AI in January 2024; the standalone BlackHedge app ceases to exist.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
Material for this section is being gathered and checked. It will appear here once ready.
Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
Material for this section is being gathered and checked. It will appear here once ready.