About Algotec
Algotec is a company based in Ra'anana (Israel) founded in 1992 was acquired by Eastman Kodak Company in November 2003.. Algotec operates in a competitive market with competitors including Perspectum, Qure.ai, IXICO, Zebra Medical Vision and Deeptek, among others.
- Headquarter Ra'anana, Israel
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Sectors
Healthcare
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Employee Count
Employee Count
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Acquired by
Eastman Kodak Company
(Nov 18, 2003)
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Funding Insights of Algotec
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Algotec
Algotec has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Eastman Kodak Company. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Imaging technology is supplied through hardware, software, and services.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Algotec
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Algotec
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Algotec Comparisons
Competitors of Algotec
Algotec operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Perspectum, Qure.ai, IXICO, Zebra Medical Vision and Deeptek, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Precision medicine software for liver disease diagnosis is offered.
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| domain | founded_year | HQ Location |
AI-powered solutions for medical imaging diagnostics
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| domain | founded_year | HQ Location |
AI-based medical image management and analysis solutions for healthcare organizations
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| domain | founded_year | HQ Location |
Provider of AI and SaaS-based medical image based decision support tools
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| domain | founded_year | HQ Location |
AI-augmented diagnostic tools for radiology imaging are developed.
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| domain | founded_year | HQ Location |
AI-driven solutions for medical diagnostic imaging are developed.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Algotec
When was Algotec founded?
Algotec was founded in 1992.
Where is Algotec located?
Algotec is headquartered in Ra'anana, Israel. It is registered at Ra'anana, Central District, Israel.
What does Algotec do?
Algotec was founded in 1992 and is headquartered in Raanana, Israel, within the healthcare technology sector. AI-driven software for medical imaging and patient diagnosis is developed, incorporating features such as image processing, teleradiology, and picture archiving. Operations focus on enabling clinicians to analyze health images efficiently, supporting diagnostic workflows in medical environments across various applications.
Who are the top competitors of Algotec?
Algotec's top competitors include Perspectum, Qure.ai and Deeptek.
Who are Algotec's investors?
Algotec has 1 investor. Key investors include Eastman Kodak Company.