AlgoValue Releases Software To Simplify Valuations

January 13, 2015 | The FinTech startup AlgoValue has launched a cloud-based software platform that hopes to change the way that valuations are made. According to the Israeli company, the new solution uses the SaaS (Software as a Service) platform in order to simplify valuation methods and to create a common language among professionals involved in valuation processes, including lawyers, CEOs and venture capital investors. AlgoValue’s software is heavily used in the United States, where a number of large companies struggle with the valuation process, and is being adopted by an increasing number of companies in Europe and Israel. Founded in 2011 by CEO Raphael Meyara, CFO and product manager Tsachi Hageg, and CTO Ilan Solodki, AlgoValue asserts that their platform not only simplifies the process of conducting valuations, but also but also improves margins by up to 80 percent.