AlgoTest Analysis: $500K Raised
What is AlgoTest?
AlgoTest provides tools for algo trading, discretionary trading, and indicator algo trading, enabling users to backtest, forward test, and execute trading strategies effectively.
Employees
12
Founded
2021
Revenue
$6.9M
Business Model
Subscription-based model with revenue from trading fees and premium features.
Investors
- Goodwater Capital
- Y Combinator
- Soma Capital
Product Features & Capabilities
- Backtest, Algo Trade, Forward Test, Strategy Builder, Simulator, TradingView Signals, Chartink Signals, Custom Script, Margin Calculator, Daily Trades Analysis, Option Charts, Heatmap, Black Scholes, Virtual Coin Tosser
Pricing
- Algo Execution: 28 Days, 100 Credits / Algo execution, ₹4 /day or lesser
- Forward Test: 28 Days, 50 Credits / Forward test, ₹2 /day or lesser
- Credits: Purchase credits in advance, no expiry, exclusive of 18% GST
How much AlgoTest raised
Pre-Seed - $500,000
August 5, 2022Lead Investor: Goodwater Capital, Y Combinator
Who are the founders of AlgoTest
RM
Raghav Malik
CEO
RJ
Competitors Overview
AlgoTest operates in the algo trading market, facing competition from several notable platforms, each with unique features and advantages:
- Quantman: This platform is user-friendly and offers advanced backtesting capabilities. It allows users to create and implement automated trading strategi
Market Focus
AlgoTest primarily focuses on the financial technology (fintech) industry, specifically in the area of algorithmic trading and trading strategy development.
See something that needs updating? Suggest edits to this profile.