Last updated 2026-07-20
- Acquired by Qualitest, Dec 2019
- Raised Undisclosed Round, Nov 2018
Total raised
$720K
Last: Undisclosed Round 2018-11
Stage
Acquired
Founded
2016
Headcount
6
HQ
Petah Tikva, Israel
Sector
Business Software
About
AlgoTrace was founded in 2016 as a data science company that focuses on building automated machine learning tools. Its software provides tools that data analysts and data scientists need to simplify and accelerate prediction modeling processes. The company's solution aims to help organizations make decisions based on clear inputs driven by facts and patterns discovered by its prediction engine, by creating accurate and stable prediction models.
Funding history · 1 round · $720K total
2018-11
Undisclosed Round
Undisclosed
Headcount over time
From 6 (2018-12) to 6 (2020-03) · +0 (+0%) · 3 points · source: Finder history + radar grounding
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
| Website | algotrace.com/ |
|---|---|
| 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 2019-12
Radar intelligence
Israeli Companies Registrar (רשם החברות / ICA)
| Registrar # (ח.פ.) | 515801777 |
|---|---|
| Status | פעילה |
| Corp type | ישראלית חברה פרטית |
| Incorporated | 2018-02-19 |
| Purpose | לעסוק בכל עיסוק חוקי |
| Liability | מוגבלת |
| In violation (unfiled) | no |
| Last annual report | 2024 |
| Active charges / liens | 0 |
| Registry events | 3 — other (1), people (2) |
| Registered address | יגיע כפיים 24 פתח תקווה |
Recent registry events
| Date | Event |
|---|---|
| 2026-01-28 | עדכון כתובת ו/או מען דיגיטלי |
| 2026-06-18 | עדכון דירקטורים-הסרת דירקטור |
| 2026-06-18 | עדכון דירקטורים-הוספת דירקטור |