Imandra builds a cloud-native, industry-agnostic automated reasoning engine that brings "AI for algorithms" to mainstream software development. The company applies deep advances in AI to the design and regulation of complex algorithms in finance. Founded by Denis Ignatovich and Dr. Grant Passmore, both with backgrounds in academic mathematics and financial trading, Imandra serves top global investment banks. Current clients use its solution for design, testing and ongoing audits of complex trading systems. Imandra recently closed a $5M seed funding round and intends to use the proceeds to expand in the US and the UK. Hiring plans target AI, engineering and product talent in Austin, London and Edinburgh.

Total raised

$5M

Funding rounds

1

Latest round

Seed

Latest activity

Apr 2019