FamilyBiz
Automated Management Tool for Daily Financial Matters
Company Overview
Snapshot
Founded in January 2017 by Oran Goldstein and Raz Goldstein, FamilyBiz operates with 1–10 employees. The company has raised $500,000 across one funding round. In July 2022, FamilyBiz was featured in Maariv for its applications designed to help users manage expenses.
Business overview
FamilyBiz is a financial technology system that provides private users with advanced social financial tools. The system automatically gathers all of the user's financial data, including credit cards, bank accounts, investments, mortgages, real estate, and insurance and pension data. The software allows users to run a current budget with a personalized comparative report system, utilizing special bots and algorithms to build a business plan that helps users realize their financial goals. FamilyBiz operates within the Fintech & Insurtech sector, specifically focusing on Personal Finance Management for consumers.
Strategic signal
In August 2020, FamilyBiz was highlighted by Calcalistech as an Israeli startup aiming to be the 'Spotify' of financial tools, centralizing financial information and operations. This signals the company's ambition to become a comprehensive, user-friendly platform for personal finance management, suggesting a focus on broad market adoption and a strong value proposition for consumers seeking simplified financial oversight.
Company Intelligence Q&A
- What is FamilyBiz's core offering?
- FamilyBiz provides an automated management tool for daily financial matters, gathering and centralizing users' financial data from various sources to help them manage budgets and achieve financial goals.
- When was FamilyBiz founded and by whom?
- FamilyBiz was founded in January 2017 by co-founders Oran Goldstein and Raz Goldstein.
- What is the total capital raised by FamilyBiz?
- FamilyBiz has raised a total of $500,000 across one funding round.
- What recognition did FamilyBiz receive in July 2022?
- In July 2022, FamilyBiz was featured in Maariv for its applications designed to help users control their expenses.
- What was the strategic vision for FamilyBiz highlighted in August 2020?
- In August 2020, Calcalistech reported that FamilyBiz aimed to be the 'Spotify' of financial tools, centralizing financial information and operations in one place.