The Venture Codex Logo

The Venture Codex

Futora

76 Yigal Alon St, Tel Aviv, 6706701, Israel

Overview

Futora offers a technology system that enables banks and financial institutions to create investment products personally customized for each client. The platform includes a marketplace of retail banks and large investment banks trading the hedging instruments of those financial products. Founded in 2020 by Asaf Seri and Ayal Leibowitz after selling Modelity Technologies to the German LPA, the company is piloting its system in a number of banks in Israel and abroad. Futora raised $6 million in funding in a round led by TAU Ventures with participation from North First Ventures, J‑Ventures and Sergio Fogel. The company intends to use the funds for ongoing product development and to build out sales processes in Europe and the U.S.

Total raised
$6M
Funding rounds
1
Latest round
Equity
Latest activity
Oct 2021

Industries

  • Financial Services
  • FinTech
Visit website

Recent funding

  1. Equity

    Oct 2021

    $6M

Team