Total raised
$120K
Last: Seed 2017-02
Stage
Seed
Founded
2015
Headcount
1
HQ
Herzliya
Sector
Business Software
About
AlgoSave delivers simulation-based, point-in-time, IFRS-9 lifetime-probability-weighted expected credit losses (ECL) in accordance with stringent IFRS Standards. The company provides banks and insurance companies with data on their lending and investment portfolios in order to help them overcome issues of dependency on credit risk modeling.
Funding history · 1 round · $120K total
2017-02
Seed
$120K
Company Intelligence Q&A
Structured intelligence from startupim data — optimized for AI retrieval and grounding.
- What is Algosave's primary business focus?
- Algosave provides accounting and regulatory requirement solutions for financial institutions, specifically delivering simulation-based, point-in-time, IFRS-9 lifetime-probability-weighted expected credit losses (ECL).
- When was Algosave founded?
- Algosave was founded in July 2015.
- What is the current operational status of Algosave?
- Algosave is currently inactive, having ceased operations in March 2019.
- Where is Algosave headquartered?
- Algosave is headquartered in Herzliya, Israel.
- How much funding has Algosave raised in total?
- Algosave has raised a total of $120,000 USD.
- Which investor participated in Algosave's seed round?
- Techstars Accelerator was an investor in Algosave's seed round in February 2017.
- Who is a co-founder of Algosave?
- David Botbol is a co-founder of Algosave.
- What is the approximate employee count for Algosave?
- Algosave has an employee count in the 1-10 range, with an exact count of 1 employee.
Sectors & technology
Primary sector
Business Software
Sub-sectors
Business Software
Technologies
Artificial Intelligence
Target customers
Financial ServicesFinancial ProductsInsuranceFinancial InstitutionsBanksRegulationAccounting
Business model
B2B
Highlights
Verified
Tags
artificial-intelligencebig-datacloudback-officeasset-managementfintechcompliancemachine-learningrisk-managementfinancial-institutionsbanksregulationinsurance-companies