Entrio News
4 articles
Growth-Positive
Entrio extends its Seed round, raising a total of $11 million for its tech adoption platform | CTech
Israeli startup Entrio, which has developed a tech adoption platform for banks and financial institutions, has extended its initial Seed round to a total of $11 million. The funding round saw participation from new investors American Family Ventures, Fin Capital, and Selah Ventures, and additional support from existing investor Alicorn. Entrios platform helps organizations adopt better technology by optimizing its use and eliminating unnecessary risks and expenses. The company plans to use the funding to continue its momentum into the broader financial industry.
Investment
growth-positive
Israeli startup entrio raises $7.5 million for its IT asset management platform | CTech
entrio, an AI-driven IT asset management solution, has raised $7.5 million in funding from Vintage Investment Partners, Communitas Capital Partners, BNY Mellon, and Alicorn Venture Partners. The funding will allow entrio to continue building its IT asset management solution for financial institutions and expand its reach to more customers worldwide. The company plans to broaden its data coverage across more tech assets and help businesses gain a more holistic view of their tech stacks. entrio also recently integrated GPT-4 into its platform. The investors believe that entrio is well-positioned to capitalize on the growing demand for innovative IT asset management solutions. entrio was launched in 2021 and is chaired by Elisha Wiesel, the former CIO of Goldman Sachs.
InvestmentExpand
growth-positive
Fosun invests $5m in Israeli fintech platform The Floor
Fosun has made a strategic investment of $5 million in Israeli fintech company The Floor. The Floor is a global fintech platform that works with major financial institutions to develop innovative solutions using Israeli technologies in areas such as fintech, blockchain, and cyber. The company aims to bring Israeli technologies to Asia and has recently established a branch in Hong Kong. The strategic investment from Fosun will help The Floor expand its business scale and promote its platform. Fosun, a multinational company rooted in China, aims to create global ecosystems through technology and innovation. The investment will enable Fosun to introduce advanced technology and industries to its platform and support its mission of providing high-quality services and products worldwide.
Investment
growth-positive
Fosun Announces Strategic Investment into Israeli FinTech Platform The Floor
Fosun and Fosun Hani Securities Limited have announced a strategic investment of $5 million into Israeli fintech company, The Floor. The Floor is a global fintech platform that works with six of the worlds largest financial institutions and aims to bring Israeli technologies to Asia. Fosuns investment will promote The Floors platform to Asias financial industry and accelerate its global business expansion. Fosun will also join the Board of Directors of The Floor.
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