Entrio

Company Overview

Snapshot

Founded in January 2016 by Avi Cohen, Moises Cohen, and Gil Devora, Entrio operates with 11–50 employees. The company has raised $16 million across 3 funding rounds from 9 investors. In November 2023, Entrio extended its Seed round with participation from American Family Ventures.

Business overview

Entrio provides a comprehensive platform for financial institutions, assisting architecture and IT governance teams in managing and monitoring their software stack. The company's core technology offers enhanced visibility and optimization intelligence, enabling organizations to reduce risk, improve operational efficiency, and make informed decisions. Entrio helps financial institutions identify, monitor, and execute consolidation and reuse opportunities to streamline their software ecosystem and maximize resource utilization, operating within the Business Software sector, specifically focusing on Data Analysis & Decision Support for Financial Services.

Strategic signal

In November 2023, Entrio extended its Seed funding round, securing additional investment from American Family Ventures and Fin Capital. This capital infusion signals continued investor confidence in Entrio's tech adoption platform for banks and financial institutions, supporting its momentum and expansion into the broader financial industry. The funding validates the company's approach to optimizing technology use and mitigating risks for its target market.

Company Intelligence Q&A

What was Entrio's most recent funding activity?

In November 2023, Entrio extended its Seed round, with new investors American Family Ventures.

Which investors participated in Entrio's April 2023 funding round?

In April 2023, Entrio raised funding from investors including Vintage Investment Partners.

When was Entrio founded and by whom?

Entrio was founded in January 2016 by Avi Cohen, Moises Cohen, and Gil Devora.

What was the strategic significance of Fosun's investment in August 2018?

In August 2018, Fosun made a strategic investment in Entrio (then known as The Floor) to promote its platform to Asia's financial industry and accelerate its global business expansion, with Fosun also joining the Board of Directors.

What is Entrio's total capital raised to date?

Entrio has raised a total of $16 million across 3 funding rounds.