Algbra Overview
- Year Founded
-
2020
- Status
-
Private
- Employees
-
40
- Latest Deal Type
-
Accelerator/Inc
- Investors
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13
Algbra General Information
Description
Developer of a financial services application designed to educate, engage and empower people. The company's application leverages technology to provide services like accounts, debit cards, savings, rewards, foreign exchange, remittances, personal finance and home purchase plans, enabling minority communities to facilitate their ability to take control of their finances.
Contact Information
Website
www.algbra.comCorporate Office
- 22 Upper Brook Street
- London W1K 7PZ
- England, United Kingdom
Corporate Office
- 22 Upper Brook Street
- London W1K 7PZ
- England, United Kingdom
Algbra Timeline
Algbra Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 4. Accelerator/Incubator | Completed | Generating Revenue | ||||
| 3. Early Stage VC | 13-Nov-2024 | Completed | Generating Revenue | |||
| 2. Early Stage VC | 18-Jan-2023 | $7.84M | $13M | Completed | Generating Revenue | |
| 1. Early Stage VC | 06-Sep-2021 | $5.17M | $5.17M | Completed | Generating Revenue |
Algbra Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Ordinary | ||||||||
| Ordinary | ||||||||
| A Ordinary | ||||||||
| A Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | 142,899 | $0.000013 | $16.2 | $16.2 | $16.2 | 5.93% | ||
| A Ordinary | 92,730 | $0.000013 | $16.2 | $16.2 | $16.2 | 3.85% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Algbra Comparisons
Industry
Financing
Details
Algbra Competitors (1)
One of Algbra’s competitors is Qardus, a Venture Capital-Backed company based in London, United Kingdom.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Qardus | Venture Capital-Backed | London, United Kingdom |
Algbra Signals
Algbra Investors (13)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Active Capital (London) | Venture Capital | Minority | ||
| New World Group | Asset Manager | Minority | ||
| SC Ventures | Corporate Venture Capital | Minority | ||
| Acreditus Partners | Angel Group | Minority | ||
| Beacon Venture Capital | Corporate Venture Capital | Minority |
Algbra FAQs
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When was Algbra founded?
Algbra was founded in 2020.
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Where is Algbra headquartered?
Algbra is headquartered in London, United Kingdom.
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What is the size of Algbra?
Algbra has 40 total employees.
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What industry is Algbra in?
Algbra’s primary industry is Other Financial Services.
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Is Algbra a private or public company?
Algbra is a Private company.
-
What is Algbra’s current revenue?
The current revenue for Algbra is .
-
How much funding has Algbra raised over time?
Algbra has raised $27M.
-
Who are Algbra’s investors?
Active Capital (London), New World Group, SC Ventures, Acreditus Partners, and Beacon Venture Capital are 5 of 13 investors who have invested in Algbra.
-
Who are Algbra’s competitors?
Qardus is a competitor of Algbra.
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