Company Overview
Snapshot
Founded in January 2020 by Asaf Seri and Ayal Leibowitz, Futora operates with 11–50 employees. The company has raised $6 million across four funding rounds and has attracted six investors. In July 2024, Futora announced a corporate partnership with the UK Structured Products Association.
Business overview
Futora is a Fintech & Insurtech company that enables financial institutions, particularly retail banks, to offer personalized, on-the-fly financial products to clients across various market segments. Its core technology utilizes an award-winning AI-based platform to manage the full lifecycle of financial products, from ideation to maturity, while automatically hedging exposure with third-party investment banks. Futora serves the financial services industry, focusing on structured products, personalized structured deposits, and the distribution of third-party products in markets including the UK, Europe, and North America.
Strategic signal
In July 2024, Futora established a corporate partnership with the UK Structured Products Association. This collaboration is a significant validation of Futora's technology and market approach, indicating a strategic move to deepen its presence and influence within the structured products ecosystem in a key financial market. For investors, this signals potential for accelerated market adoption and strengthened industry credibility.
Log in to access full profile ›Company Intelligence Q&A
- When was Futora founded and by whom?
- Futora was founded in January 2020 by co-founders Asaf Seri and Ayal Leibowitz.
- What was Futora's most recent strategic partnership?
- In July 2024, Futora announced a corporate partnership with the UK Structured Products Association, aiming to enhance its presence in the structured products market.
- How much capital has Futora raised to date?
- Futora has raised a total of $6 million across four funding rounds.
- Which investors participated in Futora's October 2021 funding round?
- In October 2021, Futora received funding from investors including TAU Ventures.
- What is Futora's primary business model?
- Futora primarily operates with B2B and B2B2C business models, providing its platform to financial institutions.