Jane Street announced it has led a seed investment in Numerata, with additional participation from CoreWeave Ventures. The New York–based firm, known for its technology-driven trading and investment operations, is also becoming a flagship customer of Numerata, which builds AI-powered development tools to enhance developer productivity and reduce costly software errors.
Numerata’s platform leverages custom model training techniques and an ultra-low latency autocomplete backend to provide developers with AI systems that augment rather than replace human expertise. The company’s enterprise product, NinetyFive, enables organizations to train models on private codebases and deploy fully customized development tools that offer enhanced privacy and control compared to traditional cloud-based services.
CoreWeave is supporting the company through both its venture arm and access to the CoreWeave AI Cloud. Jane Street said the investment reflects its long-term approach to partnering with technology companies from early-stage development to public-market scale, supported by its infrastructure and technical diligence expertise.
Numerata, founded by Kevin Wang, is focused on making custom AI models as accessible as open-source software while enabling enterprises to deploy on-premises systems for high-speed reasoning, private code understanding, and secure AI/ML operations.
KEY QUOTES
“We are building computation as an extension of thought. Our approach recognizes that human developers will remain core to software development, and new productivity gains come from tools that augment human expertise rather than replace it. Having Jane Street as both our investor and a flagship customer and CoreWeave as a cloud partner and our investor validates our vision of making customized AI models as accessible as open-source software.”
Kevin Wang, Founder of Numerata
“Jane Street’s partnership with Numerata underlies our expanding commitment to back transformative technology companies as both a strategic partner and investor throughout their whole lifecycle, from seed stage to public markets. Our approach combines a technical-first diligence with patient, flexible capital, backed by deep infrastructure expertise from building and operating global technology systems.”
Jane Street representative
“CoreWeave Ventures backs founders who are redefining what’s possible in AI by connecting innovative capital with access to the CoreWeave AI Cloud. Numerata manifests the ambitious, technical vision we look for. They’re already turning powerful ideas into real breakthroughs.”
Brannin McBee, Cofounder and Chief Development Officer, CoreWeave