armalytix

London, United Kingdom Founded: 2019 • Age: 7 yrs
Open banking API developed for aggregating multiple bank accounts.

About armalytix

armalytix is a company based in London (United Kingdom) founded in 2019.. armalytix has raised $1.39 million across 2 funding rounds from investors including Goldman Sachs, UBS and Bank of America. The company has 7 employees as of March 31, 2022. armalytix operates in a competitive market with competitors including Qwist, Snoop, FloatMe, Circit and Kreditz, among others.

  • Headquarter London, United Kingdom
  • Employees 7 as on 31 Mar, 2022
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Armalytix Ltd
  • Date of Incorporation 15 Feb, 2019
  • Jurisdiction LONDON, ENGLAND
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $1.39 M (USD)

    in 2 rounds

  • Latest Funding Round
    $1 M (USD), Debt – Conventional

    Sep 28, 2022

  • Investors
  • Employee Count
    7

    as on Mar 31, 2022

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People of armalytix
Headcount 10-50
Employee Profiles 6
Employee Profiles
People
Nicole Godwin
Customer Success Executive
People
Jason Oates
CTO & Co-Founder
People
Sheryl Hodgson
Head of Customer Success
People
Matt Ward
Head Of Marketing

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Funding Insights of armalytix

armalytix has successfully raised a total of $1.39M across 2 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $1 million completed in September 2022. 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
  • Total Rounds 2
  • Last Round Debt – Conventional — $1.0M
  • First Round

    (02 Aug 2021)

  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2022 Amount Debt – Conventional - armalytix Valuation

investors

HSBC , UBS
Aug, 2021 Amount Seed - armalytix Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in armalytix

armalytix has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Goldman Sachs, UBS and Bank of America. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investment banking services are delivered across multiple financial sectors.
Founded Year Domain Location
Commercial banking services including accounts, loans, and investments are provided.
Founded Year Domain Location
Financial services are provided globally by UBS for wealth management.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by armalytix

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - armalytix

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Armalytix Comparisons

Employees
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Competitors of armalytix

armalytix 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 Qwist, Snoop, FloatMe, Circit and Kreditz, 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
domain founded_year HQ Location
Smart data solutions for open finance are delivered by Qwist.
domain founded_year HQ Location
Expense management for individuals is enabled via a mobile app.
domain founded_year HQ Location
Online platform for cash advance loans
domain founded_year HQ Location
Assets are verified by auditors via a digital management platform.
domain founded_year HQ Location
Provider of credit scoring application for P2P transactions
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Armalytix

Frequently Asked Questions about armalytix

When was armalytix founded?

armalytix was founded in 2019 and raised its 1st funding round 2 years after it was founded.

Where is armalytix located?

armalytix is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Is armalytix a funded company?

armalytix is a funded company, having raised a total of $1.39M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.39M, raised on Aug 02, 2021.

How many employees does armalytix have?

As of Mar 31, 2022, the latest employee count at armalytix is 7.

What does armalytix do?

Armalytix was founded in 2019 in London, United Kingdom, within the fintech sector. An open banking API is provided to enable businesses to consolidate various bank accounts into a unified platform. Consolidated transaction and financial data are shared with partners such as investment houses, lawyers, financial advisors, estate agents, and accountants. Operations focus on facilitating secure data aggregation and interoperability across financial services.

Who are the top competitors of armalytix?

armalytix's top competitors include FloatMe, Snoop and Circit.

Who are armalytix's investors?

armalytix has 4 investors. Key investors include Goldman Sachs, UBS, Bank of America, and HSBC India.

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