Draco Evolution, the investment firm behind the NYSE-listed Draco AI ETF (NYSE: DRAI), has launched its AI-powered retail investing app, Dravo, following strong ETF performance that significantly outpaced the broader market. The app is currently in beta with expanded testing underway ahead of a broader public release.
The launch follows a standout year for the Draco AI ETF, which delivered full-year 2025 returns of 33.67% at market price and 33.62% at NAV, compared to 17.88% for the S&P 500 Total Return index. Since inception in July 2024, the fund has generated returns of 16.66% at market and 16.56% at NAV.
Founded by hedge fund veteran Jack Fu, Draco Evolution is now bringing its institutional-grade quantitative and AI-driven strategies directly to individual investors. The Dravo platform translates complex technical indicators and macroeconomic datasets into simplified, actionable investment decisions while also helping users learn as the system operates.
To accelerate the rollout, the company recently secured $8 million in Series A funding from a group of angel investors. The capital will be used to enhance Dravo’s AI capabilities, expand beta testing, and broaden access to retail investors.
Dravo allows users to connect their brokerage accounts to AI-powered models that dynamically adjust portfolios based on market conditions. The platform leverages more than 1,000 signals and incorporates real-time portfolio rebalancing, aiming to provide tools historically reserved for institutional investors.
The app is currently available on the iOS App Store as Draco Evolution positions itself at the intersection of AI and retail investing, targeting individuals seeking more sophisticated, data-driven investment strategies.
KEY QUOTE:
“That’s exactly what Dravo is designed to do — provide a sophisticated investing tool for everyday investors. It’s about sovereignty in investing: finally putting individuals on equal footing with institutions.” “Serious individual investors are looking beyond meme stocks and YOLO trades and are searching for powerful tools to support sustainable long-term investing strategies in a new AI era. Through the DRAI ETF, we are making proven, battle-tested AI technology accessible to long-term investors. For investors looking for deeper integration, Dravo allows them to link their existing brokerage accounts directly to AI-powered models that adapt to market conditions.”
Jack Fu, CEO of Draco Evolution

