Algoriz

algoriz.com
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History of Algoriz

Algoriz, formerly known as RUMI, was launched in November 2015. The company was part of Y Combinator's Winter 2016 batch. Algoriz is based in New York, NY, USA and operates in the Fintech industry, specifically focusing on asset management through its AI-based trading platform. The platform allowed users to build trading algorithms simply by typing strategies in English. Despite its promising technology, Algoriz is currently marked as inactive.

Algoriz Services

Algoriz provided an AI-based trading platform that specialized in enabling users to create trading algorithms. What set Algoriz apart was the ability for users to design these algorithms by typing out their strategies in plain English. This user-friendly approach aimed to democratize algorithmic trading, making it accessible to a broader audience within the asset management sub-industry.

Team and Locations

Algoriz operated with a small and focused team of four members. The company is based in New York, NY, USA, and catered to regions in the United States and Canada. Their compact team and New York headquarters enabled them to remain agile and responsive within the ever-evolving fintech landscape.

Y Combinator Participation

Algoriz was backed by Y Combinator, one of the most prestigious startup accelerators globally. The company was part of Y Combinator's Winter 2016 batch, which provided them with crucial support in early-stage development. This backing from Y Combinator underscored Algoriz's potential in the fintech sector.

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