Algo Tech - About the company
Algo Tech is a seed company based in Bengaluru (India), founded in 2023. It operates as a Decentralized algorithmic crypto trading platform. Algo Tech has raised $2M in funding. The company has 1358 active competitors, including 29 funded and 4 that have exited. Its top competitors include companies like Mudrex, Auros and CoinRoutes.
Company Details
Decentralized algorithmic crypto trading platform. It utilizes a momentum trading strategy to capitalize on price price movements, identifying assets, with upward & downward trends for making informed decisions.
- Website
- algotech.trade
- Email ID
- *****@algotech.ai
Key Metrics
Founded Year
2023
Location
Bengaluru, India
Stage
Seed
Total Funding
$2M in 1 round
Latest Funding Round
Ranked
26th among 1358 active competitors
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Algo Tech's funding and investors
Algo Tech has raised a total funding of $2M over 1 round.
Here is the list of recent funding rounds of Algo Tech:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 24, 2024 | 6984419 | Seed | 3148202 | 7084127 | 6540432 | 2290643 |
View details of Algo Tech's funding rounds and investors
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Algo Tech's Competitors and alternates
Top competitors of Algo Tech include Mudrex, Auros and CoinRoutes. Here is the list of Top 10 competitors of Algo Tech, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of platform for cryptocurrency trading, futures, and curated baskets | $22.2M | 69/100 | ||
2nd | Algorithmic trading and market-making platform | $17M | 62/100 | ||
3rd | CoinRoutes 2017, San Francisco (United States), Series B | Algorithm trading platform for cryptocurrency | $19M | 58/100 | |
4th | ![]() http://bitradex.com 2022, London (United Kingdom), Series A | Provider of AI-powered platform for cryptocurrency trading and related services | $16.1M | 49/100 | |
5th | Soon 2017, Salt Lake City (United States), Seed | Automated trading platform for cryptocurrency trading | $513K | 47/100 | |
6th | Tuned 2007, New York City (United States), Acquired | Powerful automated trading bot platform | - | 47/100 | |
7th | RoyalQ 2021, Antananarivo (Madagascar), Seed | AI-based algorithmic trading platform for forex assets | $3.9M | - | 45/100 |
8th | BlockTech 2018, Netherlands, Unfunded | Algorithmic trading platform for cryptocurrency trading | - | - | 43/100 |
9th | Cryptocurrency trading platform | - | - | 42/100 | |
10th | Lonk 2003, New York City (United States), Series A | AI-driven trading solutions for digital assets | $4.83M | - | 41/100 |
26th | Decentralized algorithmic crypto trading platform | $2M | - | 31/100 |
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Algo Tech's Investments and acquisitions
Algo Tech has made no investments or acquisitions yet.
Reports related to Algo Tech
Here is the latest report on Algo Tech's sector:
News related to Algo Tech
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•
Algotech’s third presale round commences, with over $3.5m raised so farBitcoin Insider•Mar 30, 2024•Algo Tech
•
Algotech introduces AI to the crypto trading ecosystem, raises $3.2 million in first 3 weeks of its presaleCoinjournal•Mar 27, 2024•Algo Tech
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Algotech Presale Revolutionizes DeFi Scene, Surpassing $1 Million Raised in Just WeeksBitcoin Ethereum News•Feb 29, 2024•Algo Tech
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Algotech Presale Raised $1.1 Million In 2 Days And is Transforming the DeFi LandscapeBitcoin Ethereum News•Jan 24, 2024•Algo Tech
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