About Algoriz
Algoriz is a Technology company based in New York (United States) founded in 2015. Simple language is converted into trading algorithms by the platform. Algoriz has raised $120 thousand across 1 funding round from investors including Y Combinator. Its focus areas include FinTech, Investment Tech, Online Trading Platforms and Forex. Its competitors include Quantopian, AIExchange and Leeloo Trading; 2 of its 3 listed competitors have raised funding.
Company details
Algoriz is an AI based algorithmic trading platform that enables users to build robust algorithms by simply typing trading ideas in English. Users can test their algos using live market data on simulated matching engine and commission model. Currently, the algos can be deployed on their platform for real-time performance feedback. The company is planning to introduce integration of the algos into real trading. As of March 2017, the company supports only equities but has plans to introduce currency and futures. Currently, the service is being offered for free.
- Headquarters New York, United States
- SectorsTechnology
- Website algoriz.com
- Total Equity Funding$120K (USD)
in 1 rounds
- Latest Funding Round$120K (USD), Seed
Jun 2017
- Investors
Funding Insights of Algoriz
Algoriz has successfully raised a total of $120K through 1 strategic funding round. The most recent funding activity was a Seed round of $120 thousand completed in June 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 $120,000
- Total Rounds 1
- Last Round Seed — $120,000
- First Round $120,000
(Jun 2017)
- Investors Count 1
All 1 funding rounds of Algoriz 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 |
|---|---|---|---|---|---|
| Jun 2017 | $120,000 | Seed | – | Y Combinator | – |
1 investors in total: 1 institutional.
Investors in Algoriz
Algoriz has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Y Combinator.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage startups are accelerated via funding and educational programs. | ycombinator.com | Mountain View, United States |
Investor details for Algoriz
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
People of Algoriz
1 people are tracked at Algoriz (1 in leadership).
| Name | Role | Group |
|---|---|---|
Soraya Taghavi | Cofounder & CEO | Leadership |
Complete people profiles for Algoriz
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
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Verified entity values are shown only after access is granted.
Timeline of Algoriz
2 dated milestones of Algoriz across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Algoriz is founded.
- Funding First funding round of $120K.
Competitors of Algoriz
Algoriz has 3 listed competitors in our database, 2 of them funded. They include Quantopian, AIExchange and Leeloo Trading.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| quantopian.com | 2011 | Boston, United States | $49.48M | 33 | Cloud-based platform for algorithmic trading and strategy backtesting is provided. | |
| aiexchange.com | 2011 | Boston, United States | $1.74M | Technology platform for alternative investment access is provided to advisors. | ||
| leelootrading.com | 2019 | Great Falls, United States | Trading skills are tested via an online platform. |
Detailed competitors of Algoriz
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- Full competitor set
- Operating metrics
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Verified entity values are shown only after access is granted.
Top companies in Investment & Financial Technology
3 companies that operate in the same segment as Algoriz (Investment & Financial Technology) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Commission-free trading and investment services are provided by Robinhood. | 2013 | Menlo Park, California, United States | USD 5.58 B | USD 2.98 B | 4,841 | |
Financial data and investment advisory tools are offered online. | 1984 | Chicago, Illinois, United States | USD 91 M | USD 351.25 K | 6 | |
App-based platform for spare change investment | 2012 | Irvine, California, United States | USD 587.84 M | 602 |
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Frequently Asked Questions about Algoriz
Algoriz was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Algoriz is headquartered in New York, United States. It is registered at New York, New York, United States.
Algoriz is a funded company, having raised a total of $120K across 1 funding round to date. The company's 1st funding round was a Seed of $120K, raised on Jun 2017.
Algoriz is an AI based algorithmic trading platform that enables users to build robust algorithms by simply typing trading ideas in English. Users can test their algos using live market data on simulated matching engine and commission model. Currently, the algos can be deployed on their platform for real-time performance feedback. The company is planning to introduce integration of the algos into real trading. As of March 2017, the company supports only equities but has plans to introduce currency and futures. Currently, the service is being offered for free.
Algoriz's top competitors include Quantopian, AIExchange and Leeloo Trading.
Algoriz has 1 investor. Key investors include Y Combinator.