Entrio

Company Overview

Snapshot

Founded in January 2016 by Avi Cohen and Moises Cohen, Entrio operates with 11–50 employees. The company has raised a total of $16 million across 3 funding rounds from 9 investors. In November 2023, Entrio extended its Seed round, securing additional capital to support its technology adoption platform.

Business overview

Entrio provides a comprehensive platform for financial institutions, enabling their architecture and IT governance teams to manage and monitor their software stack. The company's core technology serves as a centralized repository, offering enhanced visibility and optimization intelligence. This allows organizations to mitigate risk, improve operational efficiency, and make data-driven decisions. Entrio helps financial institutions identify, monitor, and execute consolidation and reuse opportunities within their software ecosystem, operating within the Business Software sector, specifically focusing on Data Analysis & Decision Support for the Financial Services industry.

Strategic signal

In November 2023, Entrio extended its Seed funding round, raising additional capital to advance its technology adoption platform. This extension, following an earlier raise in April 2023, signals continued investor confidence in Entrio's solutions for financial institutions and its potential for growth in the business software market. The repeated investment indicates a strong market validation for its approach to IT asset management and operational efficiency within the fintech space.

Company Intelligence Q&A

What is Entrio's primary focus?

Entrio focuses on providing data monitoring and analysis solutions for financial institutions, helping them manage and optimize their software stack.

When was Entrio founded and by whom?

Entrio was founded in January 2016 by Avi Cohen and Moises Cohen.

What was a significant funding event for Entrio in 2023?

In November 2023, Entrio extended its Seed round, raising additional capital for its technology adoption platform with participation from investors including Alicorn and American Family Ventures.

Which investors participated in Entrio's April 2023 funding round?

In April 2023, Entrio secured funding with participation from investors including Alicorn and BNY Mellon.

What was a notable early investment in Entrio?

In August 2018, Fosun made a strategic investment in Entrio, then known as The Floor.