AI Startup Elastics Secures €1.7 Million Funding for Next-Gen Prediction Market Agents

Elastics Raises €1.7 Million in Pre-Seed Funding

Elastics, a startup based in Warsaw, has secured €1.7 million (€2 million) in oversubscribed pre-Seed funding to expand its team of AI and quantitative talent in Poland. The funding round was led by French VC Frst, with participation from several notable angels in the industry.

Pierre Entremont, co-Founder and Partner at Frst, expressed his confidence in Elastics, stating, “Prediction markets are emerging as a new asset class in finance, and we believe the industry is still in its very early stages. Elastics is developing the AI infrastructure necessary for this market, and we are thrilled to support Szymon and Mateusz as they make quantitative trading tools more accessible to a wider audience.”

Founded in April 2025 by Szymon Pawica and Mateusz Brodowicz, Elastics is an AI-native operating system designed for prediction markets and beyond. The platform, powered by auditable AI agents, enables traders to create and automate trading workflows using plain language, from signal generation to live execution.

While working at Goldman Sachs, Szymon Pawica noticed the significant advantage that quantitative funds had due to their teams of skilled quants and developers. This observation inspired him to start Elastics with the goal of democratizing access to advanced trading tools.

According to Pawica, Elastics aims to provide individual traders with automated research, execution, and portfolio management capabilities that were previously exclusive to institutional finance.

The platform is currently in private beta, offering early access to Elastics AI, the agent builder, and Elastics OS. Elastics emphasizes a conversational approach to trading, where users can describe positions in plain language for automatic execution, eliminating the need for traditional order forms.

Pawica believes that the future of trading lies in AI-driven automation and that manual traders will struggle to compete without adopting automated tools. Elastics’ goal is to empower traders with the choice to use automation rather than making it a constraint.

In conclusion, Elastics’ innovative approach to prediction markets and AI-driven trading tools positions it as a key player in the evolving landscape of financial markets. With a focus on accessibility and automation, Elastics aims to level the playing field for all traders, paving the way for a more efficient and inclusive market environment.