Last updated 2026-06-18
- Raised $120k funding round, Feb 2017
Total raised
$120K
Last: 2017-02
Stage
Seed
Founded
2015
Headcount
1
HQ
Herzliya, Israel
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
$120K
Q&A
- What is Algosave's primary business focus?
- Algosave delivers simulation-based, point-in-time, IFRS-9 lifetime-probability-weighted expected credit losses (ECL) in accordance with stringent IFRS Standards, providing solutions for financial institutions.
- When was Algosave founded?
- Algosave was founded in July 2015.
- What is the current status of Algosave?
- Algosave is currently inactive, having ceased to operate in March 2019.
- How much funding has Algosave raised in total?
- Algosave has raised a total of $120,000.
- Who invested in Algosave's funding round in February 2017?
- In February 2017, Techstars Accelerator invested in Algosave.
- Where is Algosave's headquarters located?
- Algosave's headquarters is located in Herzliya, Center District, Israel.
- What industry sector does Algosave primarily operate in?
- Algosave primarily operates in the Business Software sector.
Team · 1
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
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| linkedin.com/company/17962853 |
Identifiers & details
| Founded | 2015-7 |
|---|---|
| Employees (exact) | 1 |
| Status reason | Non Active, Mar 2019 ceased to operate |