Futora

Company Overview

Snapshot

Founded in January 2020 by Asaf Seri and Ayal Leibowitz, Futora operates with 11–50 employees. The company has raised $6 million across four funding rounds, with TAU Ventures participating in multiple rounds. In July 2024, Futora announced a corporate partnership with the UK Structured Products Association.

Business overview

Futora provides a platform that enables financial institutions, particularly retail banks, to offer personalized financial products to clients across various market segments. Its core technology utilizes an AI-based system to manage the full lifecycle of financial products, from ideation to maturity, including automatic hedging with third-party investment banks. The company's solutions facilitate the issuance of custom products like deposits, notes, and savings plans, serving the financial services industry with a focus on investment and portfolio management.

Strategic signal

In July 2024, Futora established a corporate partnership with the UK Structured Products Association. This collaboration signals Futora's strategic intent to deepen its integration within the structured products ecosystem in a key European market, potentially expanding its reach and validating its technology for a broader institutional audience.

Company Intelligence Q&A

When was Futora founded?

Futora was founded in January 2020 by co-founders Asaf Seri and Ayal Leibowitz.

What is Futora's primary focus?

Futora focuses on enabling financial institutions to offer personalized financial products to their clients using an AI-based platform that manages the full product lifecycle and automates hedging.

What significant partnership did Futora announce recently?

In July 2024, Futora announced a corporate partnership with the UK Structured Products Association.

How much capital has Futora raised?

Futora has raised a total of $6 million across four funding rounds.

Which investor has participated in multiple funding rounds for Futora?

TAU Ventures has participated in multiple funding rounds for Futora, including a Seed round in May 2020 and an A Round in October 2021.