Futora Overview
Futora aims to enable financial institutions, retail banks in particular, to provide clients from all market segments with a vast selection of tailor-made, on-the-fly financial products with notional amounts as low as 5,000 USD. With its fully digitized solution, a buy-side organization can issue its own products as deposits, notes, savings plans, or other financial instrument wrappers, while automatically hedging the exposure with third-party investment banks. In order to fulfill this vision, Futora utilizes its award-winning AI-based technology, which manages the full lifecycle of the financial product, from pre-trade ideation to maturity, along with automatic connectivity to the investment banks.
Cumulative Funding Raised Over Time ($)
—May 2020
—May 2021
$6.0MOct 2021
$6.0MSep 2022
Latest News
growth-positive
Futora announces corporate partnership with UK Structured Products Association – Futora
Fintech company Futora has announced a corporate partnership with the UK Structured Products Association (UKSPA). The partnership aims to enhance the structured products industry by fostering transparency, consistency, and strong governance standards. Futora, originally founded as Modelity Marketplace, a division of Modelity Technologies, rebranded in 2020. The company has established a strong reputation in the fintech industry under the guidance of founders Asaf Seri and Ayal Leibowitz.
Partners
Growth-Positive
Fintech startup Futora raises $6 million for personally customized investment platform
Israeli fintech startup Futora has raised $6 million in a funding round that included TAU Ventures, North First Ventures, J-Ventures, and Sergio Fogel. Futoras technology allows banks and financial institutions to create personalized investment products. The company was founded in 2020 by Asaf Seri and Ayal Leibowitz, who previously sold Modelity Technologies to German company LPA. Futoras platform is currently being piloted in several banks in Israel and abroad, and the funds raised will be used for product development and building sales processes in Europe and the U.S.
Investment
| Sector | Fintech & Insurtech |
Funding
| Total funding | $6M |
| Last funding | Undisclosed |
| Stage | A |
| Rounds | 4 |
| Investors | 6 |
Team Members
3
Employees: 11-50
Web & Social Links
| Website | www.futora.com/ |
| Careers | Careers page |
Locations
Yigal Alon Street 76, Tel Aviv-Yafo, Israel
Misthou 7, Kesariani 161 21, Greece
5th Floor, 167 - 169 Great Portland St, London W1W 5PF, UK
Alameda Campinas, 1100 - 2nd Floor - Jardim Paulista, São Paulo - SP, 01404-200, Brazil
Photos & Videos
1 item(s)
Futora Business
Business models
B2B, B2B2C
Product stage
Released
Employees
11-50
Sector
Fintech & InsurtechTrading & InvestingTarget Customer
Financial ServicesFinancial ProductsInvestment & Portfolio ManagementFund ManagementTradingFinancial InstitutionsSettlementsCore Technology
Data StorageCDNPlatforms & InterfacesArtificial IntelligenceSolutions
{"title":"Financial Services","description":"Futora offers a 'Structured Products as a Service' platform that automates and streamlines the creation, distribution, and management of complex financial products, including insurance-wrapped structured products, enabling financial institutions to enhance efficiency, reduce costs, and generate new revenue streams.","items":[{"name":"Revenue Growth","value":4,"titleTooltip":"Revenue Growth & Profitability","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Operational Efficiency","value":4,"titleTooltip":"Operational Excellence & Efficiency","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Customer Acquisition","value":3,"titleTooltip":"Customer Acquisition, Satisfaction & Loyalty","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Risk Mitigation","value":3,"titleTooltip":"Risk Mitigation & Business Resilience","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Talent Development","value":2,"titleTooltip":"Talent Development & Employee Empowerment","meterTooltip":{"title":"Marginal / Localized","content":"Small, isolated improvement; measurable but not substantial."}},{"name":"Agility & Innovation","value":4,"titleTooltip":"Strategic Agility & Innovation","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}}]}
{"title":"Financial Services","description":"Futora provides a platform for financial institutions to automate the design, pricing, and lifecycle management of personalized structured deposits, enabling tailored investment solutions for clients.","items":[{"name":"Revenue Growth","value":4,"titleTooltip":"Revenue Growth & Profitability","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Operational Efficiency","value":4,"titleTooltip":"Operational Excellence & Efficiency","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Customer Acquisition","value":4,"titleTooltip":"Customer Acquisition, Satisfaction & Loyalty","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Risk Mitigation","value":3,"titleTooltip":"Risk Mitigation & Business Resilience","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Talent Development","value":3,"titleTooltip":"Talent Development & Employee Empowerment","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Agility & Innovation","value":5,"titleTooltip":"Strategic Agility & Innovation","meterTooltip":{"title":"Disruptive / Paradigm-Shifting","content":"Revolutionary, industry-leading change that sets new benchmarks and norms."}}]}
{"title":"Financial Services","description":"Futora provides a platform for financial institutions to automate and streamline the distribution of third-party products, digital onboarding, wealth management, lending, and insurance operations, focusing on efficiency, compliance, and enhanced customer experience.","items":[{"name":"Revenue Growth","value":4,"titleTooltip":"Revenue Growth & Profitability","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Operational Efficiency","value":5,"titleTooltip":"Operational Excellence & Efficiency","meterTooltip":{"title":"Disruptive / Paradigm-Shifting","content":"Revolutionary, industry-leading change that sets new benchmarks and norms."}},{"name":"Customer Acquisition","value":4,"titleTooltip":"Customer Acquisition, Satisfaction & Loyalty","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Risk Mitigation","value":4,"titleTooltip":"Risk Mitigation & Business Resilience","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Talent Development","value":3,"titleTooltip":"Talent Development & Employee Empowerment","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Agility & Innovation","value":4,"titleTooltip":"Strategic Agility & Innovation","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}}]}
{"title":"Financial Services","description":"Futora provides an automated platform for the end-to-end lifecycle management of structured products, covering pricing, issuance, lifecycle events, and secondary market making.","items":[{"name":"Revenue Growth","value":4,"titleTooltip":"Revenue Growth & Profitability","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Operational Efficiency","value":5,"titleTooltip":"Operational Excellence & Efficiency","meterTooltip":{"title":"Disruptive / Paradigm-Shifting","content":"Revolutionary, industry-leading change that sets new benchmarks and norms."}},{"name":"Customer Acquisition","value":3,"titleTooltip":"Customer Acquisition, Satisfaction & Loyalty","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Risk Mitigation","value":4,"titleTooltip":"Risk Mitigation & Business Resilience","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Talent Development","value":3,"titleTooltip":"Talent Development & Employee Empowerment","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Agility & Innovation","value":5,"titleTooltip":"Strategic Agility & Innovation","meterTooltip":{"title":"Disruptive / Paradigm-Shifting","content":"Revolutionary, industry-leading change that sets new benchmarks and norms."}}]}
{"title":"Financial Services","description":"Futora provides a platform for financial institutions to design, distribute, and manage structured investment products, automating processes and enhancing efficiency across the product lifecycle.","items":[{"name":"Revenue Growth","value":4,"titleTooltip":"Revenue Growth & Profitability","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Operational Efficiency","value":5,"titleTooltip":"Operational Excellence & Efficiency","meterTooltip":{"title":"Disruptive / Paradigm-Shifting","content":"Revolutionary, industry-leading change that sets new benchmarks and norms."}},{"name":"Customer Acquisition","value":3,"titleTooltip":"Customer Acquisition, Satisfaction & Loyalty","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Risk Mitigation","value":4,"titleTooltip":"Risk Mitigation & Business Resilience","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Talent Development","value":3,"titleTooltip":"Talent Development & Employee Empowerment","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Agility & Innovation","value":5,"titleTooltip":"Strategic Agility & Innovation","meterTooltip":{"title":"Disruptive / Paradigm-Shifting","content":"Revolutionary, industry-leading change that sets new benchmarks and norms."}}]}
Use Cases
Insurance wrapped structured productsPersonalised structured deposits Distribution of third party productsIssuance of structured productsInvest in structured productsGeographic Markets
SwitzerlandFinlandUnited StatesItalyUnited KingdomPortugalSpainNorth AmericaSwedenEuropeFutora Financials
$6M
Total funding
Undisclosed
Capital raised
Undisclosed
Last funding
A
Funding stage
4
Total rounds
6
Investors
Cumulative Funding Raised Over Time ($)
—May 2020
—May 2021
$6.0MOct 2021
$6.0MSep 2022
Private Equity Funding
Undisclosed Round
Sep 2022
Undisclosed
SureTech Investments
A Round
Oct 2021
$6M
TAU Ventures (Lead)
,
North First Ventures, J-Ventures, Sergio Fogel
Undisclosed Round
May 2021
Undisclosed
The Chartered Group
Seed
May 2020
Undisclosed
TAU Ventures
Futora Lifecycle
Cumulative Funding Raised Over Time
—May 2020
—May 2021
$6.0MOct 2021
$6.0MSep 2022
All Events
Undisclosed Round
Sep 2022
Undisclosed
SureTech Investments
A Round
Oct 2021
$6M
TAU Ventures (Lead)
,
North First Ventures, J-Ventures, Sergio Fogel
Undisclosed Round
May 2021
Undisclosed
The Chartered Group
Seed
May 2020
Undisclosed
TAU Ventures
Futora News
2 articles
growth-positive
Futora announces corporate partnership with UK Structured Products Association – Futora
Fintech company Futora has announced a corporate partnership with the UK Structured Products Association (UKSPA). The partnership aims to enhance the structured products industry by fostering transparency, consistency, and strong governance standards. Futora, originally founded as Modelity Marketplace, a division of Modelity Technologies, rebranded in 2020. The company has established a strong reputation in the fintech industry under the guidance of founders Asaf Seri and Ayal Leibowitz.
Partners
Growth-Positive
Fintech startup Futora raises $6 million for personally customized investment platform
Israeli fintech startup Futora has raised $6 million in a funding round that included TAU Ventures, North First Ventures, J-Ventures, and Sergio Fogel. Futoras technology allows banks and financial institutions to create personalized investment products. The company was founded in 2020 by Asaf Seri and Ayal Leibowitz, who previously sold Modelity Technologies to German company LPA. Futoras platform is currently being piloted in several banks in Israel and abroad, and the funds raised will be used for product development and building sales processes in Europe and the U.S.
Investment
Futora Team
Employee Info
| Employees (range) | 11-50 |
| Exact count | 28 |
| Team members | 3 |
Similar Companies
Similar companies data is computed dynamically and not stored in the entity profile. This section requires implementing a similarity query (e.g. by classification overlap, sector, district).
This entity has 13 classification IDs that could be used for matching.
Futora Internal
Recent Updates
No update log entries.
Note: Free-text notes visible in the original Finder "Internal" tab are not present in the imported profile data. Only the update audit log is available.
Admin Info
| Confidence | 91/100 |
| Missing | tags, markets |
| BI Verification | Jenny Sotnik-Talisman |
| Registrar ID | 516129491 |
| Crunchbase | futora |
| Phone | +972773337030 |
| Creator | Jenny Sotnik-Talisman |
| Creator email | genys30@yahoo.com |
| Last updater | Jenny Sotnik-Talisman |
| Updater email | jenny.sotnik@sncentral.org |
| Last update | 2024-08-20T00:00:00.000Z |
| Created | 2021-02-21T00:00:00.000Z |
| Claimed | Yes |