Company Overview
Snapshot
Founded in January 2015 by Andrey Piletsky and Guy Nadav, AlgoBit operates with 1–10 employees. The company is currently in the Pre-Funding stage.
Business overview
AlgoBit develops smart algorithms and software for automated trading of virtual currencies on major crypto-currency exchanges. The company explores mathematical trend prediction, machine learning artificial neural networks (ANN), genetic algorithms, and arbitrage to serve the Fintech & Insurtech sector, specifically targeting private investors in the financial and real estate consumer markets.
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- What is AlgoBit's primary focus?
- AlgoBit focuses on developing smart algorithms and solid software to enable automatic trading of virtual currencies on some of the world's largest crypto-currency exchanges.
- What technologies does AlgoBit utilize in its algorithms?
- AlgoBit explores various algorithms, including mathematical trend prediction, machine learning artificial neural networks (ANN), genetic algorithms, and arbitrage.
- When was AlgoBit founded and by whom?
- AlgoBit was founded in January 2015 by Co-Founders Andrey Piletsky and Guy Nadav.
- In which sector does AlgoBit primarily operate?
- AlgoBit operates in the Fintech & Insurtech sector, specifically within Trading & Investing.
- What is AlgoBit's current product stage?
- AlgoBit is currently in the R&D product stage, focusing on developing its core algorithms and software for automated virtual currency trading.