Alef Bit Technologies

Trading Platform for Connecting Traders with Investors' Funds

Fintech & Insurtech
Non Active, Dec 2022 ceased to operate

Company Overview

Snapshot

Founded in March 2018 by Amit Barkan, Alef Bit Technologies operated with 1–10 employees. The company secured funding across two rounds from two investors, including iArgento and Hexa Group, before ceasing operations in December 2022.

Business overview

Alef Bit Technologies developed a trading platform designed to connect manual and algorithmic crypto traders with investment funds through a revenue-share model. The platform utilized a proprietary trading simulation to identify and filter skilled traders, subsequently providing them with real funds to manage. It focused on creating a strategy-diversified aggregated portfolio with robust risk management measures, including smart tools for enforcement and an advanced algorithm to optimize fund allocation based on continuous performance. The company operated within the Fintech & Insurtech sector, specifically targeting the trading and investing market.

Company Intelligence Q&A

What is Alef Bit Technologies' primary business model?
Alef Bit Technologies operated on a B2C business model, connecting individual crypto traders with investment funds through a revenue-share arrangement.
When was Alef Bit Technologies founded?
Alef Bit Technologies was founded in March 2018.
Who are the founders of Alef Bit Technologies?
Amit Barkan is the founder and CTO of Alef Bit Technologies.
What was the company's status as of December 2022?
Alef Bit Technologies ceased to operate in December 2022.
Which investors participated in Alef Bit Technologies' funding rounds?
Alef Bit Technologies received funding from iArgento in December 2019 and Hexa Group in April 2018.

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