AlgoMerchant

wealthtech-retailother investments platform

FOUNDING YEAR: 2013
LOCATION: Singapore
Last Update: 03/09/2020

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About

AlgoMerchant is intelligent, automated investing, built for retail investors.We are a diverse team of ex-traders, engineers and data scientists whose mission is to democratize data-driven and systematic investing. We believe in leveling the playing field - individual investors should have access to the same types of data intelligence and technologies which are being used by institutional investors. Our solutions will help individual investors of all levels to improve the way they invest with the aid of data and algorithms at an affordable cost.

MEDICI Analysis

AlgoMerchant has developed AI-powered trading bots that help individuals investors/traders to do trading with automated fashion. Trading bot access to the investor's brokerage account and recommends best portfolio/investment strategies and executive trade automatically by using their proprietary AutoInvest software. Investors get real-time trade signal feeds and also can view the overall trade performance and historical positions.

Focus

PRODUCTS & SERVICES

The robo investing platform identifies algorithms built by third-party quants or mathematics experts and further validates & refines them to integrate them into their robots. It has developed investment robots that can work out trading and investment strategies and execute them on behalf of users (retail investors). Offers six robot creations - each with a different trading philosophy for investing in Singapore, Hong Kong, and US stock markets

REVENUE MODEL

The company follows subscription based revenue model.

MAIN CLIENTS

Traders

Investors and Professionals

EXISTING PARTNERSHIPS

It partners with a number of financial institutions and professional money managers.

Traction

VALUATION / MARKET CAP:

$1.3 B in 2017

People

FOUNDERS

Justin Tjoa

Aditya Santoso

Marco Raditya

NUMBER OF EMPLOYEES

11-50

INVESTORS:

East Ventures

Momentum

FUNDED

YES

TOTAL FUNDING

$3 M

DATE OF LAST FUNDING

Nov 2017

SEED & PRIOR FUNDING

$1 M

SEED CLOSED ON

Jan 2016

FUNDING SERIES

SERIES A  · $2 M  · Nov 2017

LISTED

NO

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