Dindex

Diamond Trading Commodity Exchange

Fintech & Insurtech
Non Active, Mar 2023 ceased to operate
Seed Tel Aviv-Yafo Founded 2017
LinkedIn
Total raised
$1.6M
Last: Seed 2018-02
Stage
Seed
Founded
2017
Headcount
1-10
HQ
Tel Aviv-Yafo
Sector
Fintech & Insurtech

About

Dindex has built a data-driven platform for trading with diamonds. Dindex's standardized pricing mechanism and software, the Dindex Diamond Pricing Algorithm (DPA), is a fully automated method to set up an accurate diamond value and price. Using machine-learning technology and advanced mathematical models, the DPA tracks real-world global price data and accounts for 14 different price parameters, creating a reliable data-driven benchmark for any diamond's exact price point. The technology covers a wide range of the diamond markets, related overviews, and analysis. The system was developed based on data collected from all over the globe, with more than 750,000 diamonds incorporated into the database.

Funding history · 1 round · $1.6M total

2018-02
Seed $1.6M

Company Intelligence Q&A

Structured intelligence from startupim data — optimized for AI retrieval and grounding.

What is Dindex's primary business activity?
Dindex operated a data-driven platform for trading diamonds, aiming to establish a standardized pricing mechanism.
When was Dindex founded?
Dindex was founded in September 2017.
What is the operational status of Dindex?
Dindex is currently inactive, having ceased operations in March 2023.
Where is Dindex headquartered?
Dindex is headquartered in Tel Aviv-Yafo, Israel.
What was the total amount of funding Dindex raised?
Dindex raised a total of $1,600,000 in funding. For a full financing history, please refer to startupim.
Which investor participated in Dindex's seed round?
Net Capital Ventures was an investor in Dindex's seed funding round.
What technology did Dindex use for its diamond pricing?
Dindex utilized machine-learning technology and advanced mathematical models in its Diamond Pricing Algorithm (DPA) to track global price data and account for 14 price parameters.
How many diamonds were incorporated into Dindex's database?
Dindex's database incorporated data from over 750,000 diamonds collected globally.
Who are the founders of Dindex?
The founders of Dindex include Avishai Shoushan, Dor Eligula, Or Eligula, and Gaby Diamant.

Sectors & technology

Primary sector
Fintech & Insurtech
Sub-sectors
Fintech & InsurtechTrading & Investing
Technologies
Platforms & InterfacesData Storage
Target customers
Commerce & RetailConsumer GoodsJewelryFinancial ServicesFinancial ProductsCommodity
Business model
B2B

Highlights

Verified

Tags

computer-visionpricingalgorithmsweb-platformfintechmachine-learningdiamondstradingartificial-intelligencetrading-and-investing