SignalFire raises over $1B as LPs embrace data-driven investing

Thirteen years ago, when Chris Farmer founded early-stage venture firm SignalFire with data analysis at the core of its investment strategy, many were skeptical about the approach — conventional wisdom dictated that nascent companies didn’t have enough data to make investment algorithms effective.

“This was a very radical idea, and everyone thought I was crazy,” Farmer (pictured above, on the right, alongside CTO and partner Ilya Kirnos) told TechCrunch. 

A lot has changed since SignalFire raised its first $53 million fund 2015….