About AlgoMerchant
AlgoMerchant is a Technology company based in Singapore (Singapore) founded in 2013 by Marco Raditya and Anjar Wicaksono. AI-enabled trading bots are offered for algorithmic trading. AlgoMerchant has raised $2.91 million across 2 funding rounds from investors including East Ventures. Its focus areas include FinTech, Investment Tech, Online Trading Platforms and Stocks. Its legal entity is ALGOMERCHANT PTE. LTD. Its competitors include StockHero, Flomoney and Immediate Intal.
Company details
AlgoMerchant was founded in 2013 in Singapore and operates in the fintech sector. AI-enabled trading bots are provided to facilitate algorithmic trading, with investment strategies derived from computer algorithms and data analytics used to identify market factors. Real-time trading signals are generated, and an app-based platform is made available on iOS and Android devices for user access.
- Headquarters Singapore, Singapore
- Founders Marco Raditya, Anjar Wicaksono
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website algomerchant.com
- Social LinkedIn X Facebook
- Legal Name Algomerchant Pte. Ltd.
- Annual Revenue$313.89 K (USD)92as on May 31, 2018
- Net Profit-$433.6 K (USD)-104as on May 31, 2018
- Total Equity Funding$2.91M (USD)
in 2 rounds
- Latest Funding Round$2M (USD), Series A
Nov 2017
- Investors
Funding Insights of AlgoMerchant
AlgoMerchant has successfully raised a total of $2.91M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $2 million completed in November 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $2.91M
- Total Rounds 2
- Last Round Series A — $2M
- First Round $910,000
(Jan 2016)
- Investors Count 1
All 2 funding rounds of AlgoMerchant with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2017 | $2M | Series A | – | East Ventures | – |
| Jan 2016 | $910,000 | Seed | – | East Ventures | – |
1 investors in total: 1 institutional.
Investors in AlgoMerchant
AlgoMerchant has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include East Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm investing in Southeast Asian startups and publishing reports on technology and sustainability. | east.vc |
Investor details for AlgoMerchant
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of AlgoMerchant
3 people are tracked at AlgoMerchant (3 in leadership).
| Name | Role | Group |
|---|---|---|
Marco Raditya | Co-Founder and COO | Leadership |
Anjar Wicaksono | Co-Founder | Leadership |
Justin Tjoa | Chief Executive | Leadership |
Complete people profiles for AlgoMerchant
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of AlgoMerchant
3 dated milestones of AlgoMerchant across 4 years, from founding to its latest funding, stage changes and deals.
- Founded AlgoMerchant is founded.
- Funding First funding round of $910K.
- Funding Latest funding round, Series A, of $2.0M.
Competitors of AlgoMerchant
AlgoMerchant has 3 listed competitors in our database. They include StockHero, Flomoney and Immediate Intal.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| stockhero.ai | 2018 | Singapore | AI-powered platform for automated stock trading and risk management. | |||
| flomoney.info | 2023 | Singapore | Creates AI-driven solutions for legal tech and financial assistance services. | |||
| immediateintal.com | 2023 | Singapore | Offers an AI-powered automated trading platform for individual users. |
Detailed competitors of AlgoMerchant
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Algomerchant
Complete news archive for AlgoMerchant
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about AlgoMerchant
AlgoMerchant was founded in 2013 and raised its 1st funding round 3 years after it was founded.
AlgoMerchant is headquartered in Singapore, Singapore.
AlgoMerchant is a funded company, having raised a total of $2.91M across 2 funding rounds to date. The company's 1st funding round was a Seed of $910K, raised on Jan 2016.
Annual revenue of AlgoMerchant is $313.89K as on May 31, 2018.
AlgoMerchant was founded in 2013 in Singapore and operates in the fintech sector. AI-enabled trading bots are provided to facilitate algorithmic trading, with investment strategies derived from computer algorithms and data analytics used to identify market factors. Real-time trading signals are generated, and an app-based platform is made available on iOS and Android devices for user access.
AlgoMerchant's top competitors include StockHero, Flomoney and Immediate Intal.
AlgoMerchant has 1 investor. Key investors include East Ventures.
AlgoMerchant operates through Algomerchant Pte. Ltd..