Algbra Overview

  • Year Founded
  • 2020

Year Founded

  • Status
  • Private

  • Employees
  • 40

Employees

  • Latest Deal Type
  • Accelerator/​Inc

  • Investors
  • 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.com
Formerly Known As
Algebra Group
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 22 Upper Brook Street
  • London W1K 7PZ
  • England, United Kingdom
+44 020
Primary Industry
Other Financial Services
Other Industries
Financial Software
Vertical(s)
Corporate Office
  • 22 Upper Brook Street
  • London W1K 7PZ
  • England, United Kingdom
+44 020

Algbra Timeline

2023202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

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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
To view Algbra’s complete valuation and funding history, request access »

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%
To view Algbra’s complete cap table history, request access »

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.

Opportunity Score

Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.

Exit Type

Evaluates the likelihood of a successful exit for investors, and the most likely exit type.

Algbra Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a financial services application designed to educate, engage and empower people. The company's application
Other Financial Services
London, United Kingdom
40 As of 2024

London, United Kingdom
 
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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
You’re viewing 1 of 1 competitors. Get the full list »

Algbra Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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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
You’re viewing 5 of 13 investors. Get the full list »

Algbra FAQs

  • When was Algbra founded?

    Algbra was founded in 2020.

  • Where is Algbra headquartered?

    Algbra is headquartered in London, United Kingdom.

  • What is the size of Algbra?

    Algbra has 40 total employees.

  • What industry is Algbra in?

    Algbra’s primary industry is Other Financial Services.

  • 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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