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§ Private Profile · San Francisco, CA, USA
Prediction markets for businesses
Strike has raised $99.5M across 4 funding rounds.
Key people at Strike.
Strike was founded in 2024 by Ronit Jain (Founder) and Aarav Patel (Founder).
Strike has raised $99.5M in total across 4 funding rounds.
Still in stealth, reach out to learn more!
Strike is a prediction market platform designed specifically for businesses, enabling them to leverage collective intelligence for forecasting and decision-making. Founded in 2024 and based in San Francisco, Strike builds prediction markets that help companies aggregate insights and make data-driven decisions. For an investment firm, Strike’s mission would likely focus on transforming how businesses predict outcomes and manage risks through innovative market mechanisms. Its investment philosophy might emphasize backing technologies that enhance enterprise decision-making and forecasting accuracy. Key sectors would include enterprise SaaS, fintech, and data analytics, with an impact on the startup ecosystem by fostering smarter, market-driven business strategies.
For a portfolio company like Strike, the product is a prediction market platform tailored for business use cases. It serves corporate clients seeking to improve forecasting and decision quality by tapping into the wisdom of crowds within their organizations or markets. The problem it solves is the challenge of aggregating diverse insights into actionable predictions, reducing uncertainty in business planning. Although still in stealth with a small team, Strike shows growth momentum by being part of Y Combinator’s Winter 2025 batch and attracting attention for its novel approach to enterprise prediction markets[3].
Strike was founded in 2024 by Ronit Jain and Aarav Patel, who bring expertise in prediction markets and enterprise software. The idea emerged from recognizing the value of prediction markets beyond public or sports contexts, applying them to business environments where forecasting accuracy is critical. The company is currently active with a team of 8 employees and is supported by Y Combinator, indicating early-stage validation and acceleration. The founders’ backgrounds and the company’s stealth mode status suggest a focus on building a robust, scalable platform before broad market launch[3].
Strike rides the growing trend of applying prediction markets and collective intelligence to enterprise decision-making. The timing is favorable as businesses increasingly seek data-driven tools to reduce uncertainty amid complex market conditions. Advances in real-time data processing, AI, and cloud infrastructure enable more sophisticated and scalable prediction markets. Market forces such as digital transformation, demand for better forecasting, and the rise of decentralized decision models work in Strike’s favor. By enabling businesses to harness internal and external insights through market mechanisms, Strike could influence how companies innovate, allocate resources, and manage risks, potentially shaping the future of enterprise software ecosystems[3].
Looking ahead, Strike is poised to expand its product capabilities and customer base as it moves out of stealth. Trends shaping its journey include increased adoption of AI-enhanced forecasting, integration with enterprise data platforms, and growing interest in decentralized decision-making tools. Its influence may evolve from a niche prediction market provider to a core component of business intelligence and strategy workflows. For investors and stakeholders, Strike represents an opportunity to participate in the digitization of corporate forecasting, with potential for significant impact as prediction markets gain mainstream acceptance in business contexts[3]. This aligns with the broader shift toward leveraging collective intelligence and market dynamics to solve complex business challenges.
Strike was founded in 2024 by Ronit Jain (Founder) and Aarav Patel (Founder).
Strike has raised $99.5M in total across 4 funding rounds.
Strike's investors include FinTech Collective, Carao Ventures, Immeasurable, QED Investors, Salkantay Ventures, Tiger Global Management, Justin Mateen, Samvit Ramadurgam, Nexus Venture Partners, Summit Partners, Y Combinator, Grant Gilliam.
Key people at Strike.
Strike has raised $99.5M across 4 funding rounds. Most recently, it raised $14.0M Series A in March 2025.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| May 1, 2023 | Triumph | $10.0M Series A | General Catalyst, ARI Stiegler | Kevin Hartz, Altair Capital Management, AME Cloud Ventures, Avalon Ventures, Dream Machine, Floodgate, Forerunner Ventures, Founders Fund, Hanabi Capital, Hardware Club, Helium 3 Ventures, Heroic Ventures, Liquid 2 Ventures, Magnify Ventures, NFX, Polychain Capital, Sherpalo Ventures, SNR, Sound Ventures, The HIT Forge, Timespan Ventures, Eduardo Haber, Justin Timberlake, Louis Beryl, Mark Pincus, Matt Bellamy, Sahin Boydas, Stacy Brown Philpot, Stanley Druckenmiller, BoxGroup, Great Oaks Venture Capital, Hanover Technology Investment Management, NOMO Ventures, Raven ONE Ventures, Steel Perlot, Valhalla Ventures |
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Mar 1, 2025 | $14M Series A | FinTech Collective | Carao Ventures, Immeasurable, QED Investors, Salkantay Ventures, Tiger Global Management, Justin Mateen, Samvit Ramadurgam | Announced |
| Mar 1, 2025 | $500K Seed | — | Nexus Venture Partners, Summit Partners, Y Combinator | Announced |
| Sep 27, 2022 | $80M Series B | Grant Gilliam | University OF Wyoming, Washington University IN ST. Louis | Announced |
| Apr 1, 2022 | $5M Seed | — | Carao Ventures, Immeasurable, Tiger Global Management, Zeev Capital, Justin Mateen, Samvit Ramadurgam | Announced |