AlgoTrader announces CHF 1.4m funding round

21.03.2018 00:00, Linda Seward

Venture Leaders Fintech alumnus AlgoTrader has announced a post seed-round investment of CHF 1.4 million from NeueCapital Partners, angel investors, and a long-term customer of AlgoTrader.

AlgoTrader AG, a fully integrated trading software solution for hedge funds and trading companies, has just announced closing of a post seed round of CHF 1.4 million provided by NeueCapital Partners, angel investors, and a long-term customer of AlgoTrader’s.

In 2017, co-founder and CEO Andy Flury travelled to New York as part of the Venture Leaders Fintech team, where he met with experts, entrepreneurs and investors. Of the experience he said, "Venturelab assisted AlgoTrader in the preparation of the investment round and thanks to Venturelab AlgoTrader was able to onboard several angel investors”

NeueCapital led the round furthering its interest in high growth software technology companies in the fintech space. The financing was accompanied by the original seed investors who also participated in this round. Founded in 2014 by Andy Flury, AlgoTrader is the leading quantitative strategy design, testing, automation and implementation platform for all security types and asset classes globally including Cryptocurrencies.

AlgoTrader’s rich functionality and superior modular architecture allows trading professionals to fully automate their trading strategies in a comprehensive, cost efficient platform. Clients report that they are able to save budget and speed up time to market for deploying trading strategies given the nature of AlgoTrader’s comprehensive, end to end solution.

Applications for this year's Venture Leaders Fintech roadshow have just opened. Apply with your startup by 6th May for a chance to meet with top investors.

Source: Press Release