Company Overview
Snapshot
Founded in October 2010 by Ilan S., Tsachi (Zach) Hageg, and Raphael Meyara, AlgoValue operated with 1–10 employees. The company raised a total of $2.18 million across three funding rounds from three investors. AlgoValue was acquired by Altshuler Shaham in September 2019.
Business overview
AlgoValue provides an all-in-one online platform designed for cap table and term sheet analysis, portfolio and 409A valuation, and business and startup valuation. The company offers three distinct online products, serving a diverse client base that includes venture capitalists, startups, valuation and accounting firms, and law firms across the U.S., Israel, the UK, and China. Operating within the Fintech & Insurtech sector, AlgoValue specializes in enterprise solutions, financial institutions, and data analytics, targeting B2B and B2B2C business models.
Strategic signal
In September 2019, AlgoValue was acquired by Altshuler Shaham, marking a significant exit for the online valuation platform. This acquisition highlights the strategic value of AlgoValue's technology in simplifying complex financial valuations and signals a consolidation trend within the fintech sector, where established financial institutions are integrating specialized software solutions to enhance their offerings.
Company Intelligence Q&A
- What is AlgoValue's primary business?
- AlgoValue provides an all-in-one online platform for cap table and term sheet analysis, portfolio and 409A valuation, and business and startup valuation.
- When was AlgoValue founded?
- AlgoValue was founded in October 2010.
- Who are the founders of AlgoValue?
- AlgoValue was founded by Ilan S., Tsachi (Zach) Hageg, and Raphael Meyara.
- What was a significant corporate milestone for AlgoValue?
- AlgoValue was acquired by Altshuler Shaham in September 2019, leading to its inactive status.