Elastics, a Warsaw-based startup developing AI-powered infrastructure for quantitative trading and prediction markets, has raised $2 million in an oversubscribed pre-seed round led by Frst.
The round also included angel investors from the AI and crypto sectors, including operators and founders from major technology companies. Elastics was founded by Szymon Pawica, a former Goldman Sachs trader, and Mateusz Brodowicz, a mathematician with experience building quantitative models for prediction markets.
The company is building what it describes as an AI-native operating system for prediction markets, with tools that automate research, execution, and portfolio management and allow users to interact with markets through natural language.
The new funding will be used to expand the team in Poland, hire AI and quantitative talent, and continue product development. The raise comes as interest in prediction markets grows, creating an opening for startups building infrastructure and tools for a broader base of traders.
The round also included angel investors from the AI and crypto sectors, including operators and founders from major technology companies. Elastics was founded by Szymon Pawica, a former Goldman Sachs trader, and Mateusz Brodowicz, a mathematician with experience building quantitative models for prediction markets.
The company is building what it describes as an AI-native operating system for prediction markets, with tools that automate research, execution, and portfolio management and allow users to interact with markets through natural language.
The new funding will be used to expand the team in Poland, hire AI and quantitative talent, and continue product development. The raise comes as interest in prediction markets grows, creating an opening for startups building infrastructure and tools for a broader base of traders.