Fincheck

Company Overview

Snapshot

Founded in March 2016 by Ruth Polachek and Yehuda Granot, Fincheck operated with 1–10 employees. The company secured funding across two rounds from two investors, including 500 Startups. In April 2021, Fincheck ceased operations.

Business overview

Fincheck developed an artificially intelligent financial assistant utilizing machine-learning algorithms to extract data from financial documents, accounts, and software, aiming to automate repetitive tasks. Its core product, RapidCFO, functioned as an online financial professional designed to gather financial data and answer user questions about their finances. The company operated in the Fintech & Insurtech sector, focusing on financial operations software and personal finance management, serving both B2B and B2C markets, including SMBs, enterprises, and consumers.

Strategic signal

Fincheck ceased operations in April 2021. This indicates a complete halt to the company's activities and a significant shift in its status, signaling to investors that the venture is no longer active in the market.

Company Intelligence Q&A

What is Fincheck's primary business?

Fincheck developed an artificially intelligent financial assistant that uses machine-learning algorithms to extract data from financial documents and accounts, aiming to automate repetitive financial tasks.

Who founded Fincheck?

Fincheck was founded by Ruth Polachek and Yehuda Granot in March 2016.

When did Fincheck cease operations?

Fincheck ceased to operate in April 2021.

What was Fincheck's key product?

Fincheck's key product was RapidCFO, an online financial professional designed to gather financial data and answer user questions about their finances.