Spotlock

Construction Material Prices Optimization

Industrial Technologies
Private

Company Overview

Snapshot

Founded in June 2022 by Roy Elishkov, Matanel Libi, and Tal Koelewyn, Spotlock operates with 1–10 employees. The company is in its Pre-Funding stage, focusing on optimizing construction material prices.

Business overview

Spotlock develops a platform designed to assist industrial players exposed to volatile commodities in managing their commodity risk. The company provides tools for monitoring exposure, mitigating risks through financial markets, and capitalizing on opportunities to enhance margins. By automating processes such as risk tracking, policy development, and hedge optimization, Spotlock aims to make advanced risk management accessible to businesses of all sizes, enabling them to maintain control and improve profitability within the Industrial Technologies sector, specifically targeting the Real Estate & Construction industry.

Company Intelligence Q&A

What is Spotlock's primary focus?
Spotlock's primary focus is on optimizing construction material prices and helping industrial players manage commodity risk through a dedicated platform.
When was Spotlock founded and by whom?
Spotlock was founded in June 2022 by co-founders Roy Elishkov, Matanel Libi, and Tal Koelewyn.
What kind of technology does Spotlock utilize?
Spotlock leverages Artificial Intelligence as a core technology to power its platform for risk management and optimization.
Which markets does Spotlock primarily serve?
Spotlock primarily serves the United States market, with offices in New York.
What is Spotlock's current product stage?
Spotlock's product is currently in the 'Released' stage, indicating it is available to users.