Change Labs
Financial Health AI Platform
Company Overview
Snapshot
Founded in October 2015 by Yaniv Levi and Dmitri Chebotarev, Change Labs operated with 1–10 employees. The company secured a total of $2.2M across two funding rounds from two investors. In October 2017, Change Labs was recognized as the winner of the OpenTalent AI and OpenTalent Global competitions.
Business overview
Change Labs developed an AI platform designed to assist banks in enhancing the financial health of their retail customers by optimizing existing banking services. The company's suite of services aimed to improve customer success and satisfaction while expanding banks' revenue streams through non-interest-based offerings. The platform was in production, monitoring over 60,000 live US bank accounts under various paid proofs of concept and pilots. Change Labs operated within the Fintech & Insurtech sector, focusing on personal finance management, and utilized artificial intelligence and machine learning technologies.
Strategic signal
In October 2017, Change Labs won the OpenTalent AI and OpenTalent Global competitions, a significant validation of its AI solution for financial health. This achievement signaled strong recognition within the fintech industry for its innovative approach to leveraging AI to improve banking services and customer financial well-being.
Log in to access full profile ›Company Intelligence Q&A
- What is Change Labs' primary focus?
- Change Labs developed an AI platform to help banks automatically improve the financial health of their retail customers by optimizing existing banking services.
- When was Change Labs founded and by whom?
- Change Labs was founded in October 2015 by Yaniv Levi and Dmitri Chebotarev.
- What was a significant achievement for Change Labs in 2017?
- In October 2017, Change Labs won the OpenTalent AI and OpenTalent Global competitions for its AI solution.
- What was the company's operational status as of March 2022?
- As of March 2022, Change Labs ceased to operate and is listed as Non-Active.
- Which investors participated in Change Labs' November 2015 funding round?
- In November 2015, Change Labs received funding from Nielsen Innovate and Office of the Chief Scientist.