Dindex

Diamond Trading Commodity Exchange

Fintech & Insurtech
Non Active, Mar 2023 ceased to operate

Company Overview

Snapshot

Founded in September 2017 by Avishai Shoushan, Dor Eligula, Or Eligula, and Gaby Diamant, Dindex operated with 1–10 employees. The company secured seed funding, raising a total of $1.6 million across one disclosed funding round, with investment from Net Capital Ventures. Dindex ceased operations in March 2023.

Business overview

Dindex developed a data-driven platform for diamond trading, leveraging its proprietary Dindex Diamond Pricing Algorithm (DPA). This software utilizes machine learning and advanced mathematical models to provide a standardized pricing mechanism, tracking global price data and accounting for 14 different parameters to determine accurate diamond values. The technology covers various aspects of the diamond markets, offering overviews and analysis based on a database of over 750,000 diamonds. Dindex operated within the Fintech & Insurtech sector, specifically focusing on Trading & Investing, and served global markets.

Company Intelligence Q&A

What is the primary product offered by Dindex?
Dindex offered the Diamond Pricing Algorithm (DPA), a fully automated method to set up accurate diamond values and prices using machine learning and advanced mathematical models. They also offered the Diamond Financial Index (DFX).
When was Dindex founded?
Dindex was founded in September 2017.
Who were the co-founders of Dindex?
The co-founders of Dindex were Avishai Shoushan, Dor Eligula, Or Eligula, and Gaby Diamant.
What is the status of Dindex?
Dindex is currently non-active and ceased to operate in March 2023.
Which investor participated in Dindex's seed funding round?
Net Capital Ventures participated in Dindex's seed funding round in February 2018.