Highlights
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About
Smart Contract Management for the Financial Services Industry
Facio leverages big data and artificial intelligence technologies to provide financial services with a cloud-based platform for contract management. The platform is designed to autonomously negotiate, sell, execute, control, and document legally relevant events and actions in accordance with the terms of the contract between issuers, holders, and the ecosystem. Facio aims to make financial services universally accessible and to reduce transaction costs, arbitrations, enforcement costs, fraud losses, and malicious and accidental exceptions.
Identity
| Name | Facio |
|---|---|
| Slug | facio |
| Type / kind | startup |
| Crunchbase ID | facio-big-data-insurance-cloud |
| Source _id | agxzfmlsbGlzdHNpdGVyGAsSC05ld19Db21wYW55GICA4M6y_98LDA |
Status
| Status | active |
|---|---|
| Last update | 2026-05-17 |
Location
| HQ country code | IL |
|---|---|
| HQ region/district | Center District |
| HQ city | Ramat Gan |
| HQ address | Ramat Gan, Israel |
Web & social
Classifications
Primary sector Fintech & Insurtech
Sub-sectors
Fintech & InsurtechInsurtech
Technologies
Artificial IntelligenceMachine LearningDeep LearningData StorageCloudPlatforms & InterfacesSoftwareAPI
Target customers
Financial ServicesFinancial InstitutionsRegulationFinancial ProductsInsuranceHealthcare & Life SciencesHealthcareInsurance Companies
Business models
B2B
Tags
legaltechbig-datapersonalizationmachine-learningrisk-managementinsurance-companiesbig-data-analyticspredictive-analyticscustomer-engagementartificial-intelligencefinancial-institutionshealthcare-providersinsurtech
Funding
| Total raised | — |
|---|---|
| Current stage | Pre-Funding |
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