Last updated 2026-06-18
- Acquired by QualiTest Group, Dec 2019
- Raised funding round, Nov 2018
Total raised
$720K
Last: 2018-11
Stage
Acquired
Founded
2016
Headcount
6
HQ
Petah Tikva, Israel
Sector
Business Software
About
AlgoTrace provides data analysts and data scientists with solutions to simplify and accelerate prediction-modeling processes. The companys software tool is designed to help organizations make decisions using clear inputs based on facts and patterns discovered by its prediction engine. The prediction results are selected from all available options presented by classification and estimation algorithms in the prediction engine. The model can be inserted into a production environment as a script, or it can be fed new data directly via the prediction engine. AlgoTraces solution aims to accurately predict the success or failure of each campaign prior to launch.
Funding history · 1 round · $720K total
2018-11
Undisclosed
Q&A
- What is AlgoTrace's primary business?
- AlgoTrace provides a prediction-modeling and optimization tool designed to simplify and accelerate prediction-modeling processes for data analysts and data scientists. Its software helps organizations make decisions based on facts and patterns discovered by its prediction engine.
- When was AlgoTrace founded?
- AlgoTrace was founded in January 2016.
- What is the current status of AlgoTrace?
- AlgoTrace was acquired by QualiTest Group in December 2019 and is currently inactive.
- Where is AlgoTrace headquartered?
- AlgoTrace is headquartered in Petah Tikva, Israel.
- What is AlgoTrace's primary sector?
- AlgoTrace's primary sector is Business Software.
- Who acquired AlgoTrace?
- AlgoTrace was acquired by QualiTest Group in December 2019.
- What was the total amount raised by AlgoTrace?
- AlgoTrace raised a total of $720,000 USD.
Sectors & technology
Primary sector
Business Software
Sub-sectors
Business SoftwareIT, R&D & Data SolutionsData Analysis & Decision SupportSales & Marketing Solutionse-Commerce Tools
Technologies
Platforms & InterfacesSoftware
Target customers
Enterprise & Professional ServicesResearch & Consulting ServicesMarket ResearchMarketing & SalesAdvertising
Business model
B2B
Tags
artificial-intelligencesoftware-applicationsbig-data-analyticssalesfinancial-institutionsenterprisesinsurance-companiesdata-analyticslaboratoriescrmdata-sciencemachine-learningadvertisingcampaign-optimizationenterprise-solutionsdata-miningacademiaretailershotelshealthcare-providersindustry-4-0
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| linkedin.com/company/18142338 |
Identifiers & details
| Founded | 2016-1 |
|---|---|
| Employees (exact) | 6 |
| Status reason | Acquired (Inactive) by QualiTest Group on Dec 2019 - closed due to acquisition |
Acquisitions & public offerings
Acquired by QualiTest Group 2019-12