Algofi
Algofi is an AI-driven platform offering automated trading strategies for individual investors, self-described as an AI platform for asset management. Founded in 2024 and based in Larnaca, Cyprus, the private company employs 101-250 people.
- Company typePrivate
- Founded2024
- HeadquartersLarnaca, Cyprus
- Headcount101–250
- GTM typeB2C
- OfferingSoftware
Algofi firmographics
Firmographics- Name
- Algofi
- Website
- https://algofi.ai
- Company type
- Private
- Founded year
- 2024
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Algofi is an AI-driven platform offering automated trading strategies for individual investors, self-described as an AI platform for asset management. Founded in 2024 and based in Larnaca, Cyprus, the private company employs 101-250 people.
- Ownership category
- akta.pro rank
Algofi industry classification
Industry- Product category
- AI-powered Asset Management
- NAICS
- Software Publishers (5132)
- SIC
- Investment Advice (6282), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Augmented Analytics & AI-Assisted BI (NLQ/NLG, Insights) (HDAEAMAD)
- akta.pro secondary industry
- Electronic Trading Controls & Algo Governance (Kill Switch, Throttles) (FSACAJAM)
Keywords
Where Algofi is headquartered
LocationHeadquarters
- HQ city
- Larnaca
- HQ country
- Cyprus
- HQ region
- Europe
Markets served
Algofi business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Infrastructure, Marketing or Sales, Operations
Algofi product offering
Product offeringCore offering
Algofi is an AI-driven platform that offers automated trading strategies for individual investors. The company positions itself as an artificial intelligence platform for asset management, delivering algorithmic trading capabilities to retail investor users through its online platform at algofi.ai.
Differentiator
Problem solved
Functional benefit
Products and services
- Algofi AI Asset Management Platform
- Algofi Automated Trading Strategies
Companies that use Algofi
Customer profileIdeal customer profiles1 record
Algofi technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Algofi competitors and assessment
Company assessmentDirect peers
- QuantConnect: Provides an algorithmic trading platform and cloud-based strategy development environment for retail and quantitative traders. Highly comparable as an automated, strategy-driven trading infrastructure play aimed at sophisticated individual investors.
- Alpaca: API-first brokerage and trading infrastructure that enables developers and individual traders to build and run automated, often AI-driven, trading strategies. Directly comparable on model (platform + automated execution) and target user.
- MetaTrader (MQL5): Widely used retail trading platform with built-in algorithmic trading, expert advisors, and strategy marketplaces. Direct competitor in delivering automated trading strategies to individual traders.
Broad incumbents
- TradeStation: Established retail brokerage with deep automated-trading and strategy-development tooling. Comparable as a mature alternative offering automated trading capabilities to individual investors with overlapping value proposition.
- Interactive Brokers: Global broker with extensive API and algorithmic trading support for retail and professional clients. Overlaps with Algofi's automated trading thesis and target segment, though much broader in scope.
- eToro: Retail trading and social-investing platform increasingly embedding AI-driven portfolio and strategy tools. Comparable target market (retail investors) with growing overlap on automated/AI-assisted investing.
- Robinhood: Mass-market retail broker rolling out AI-powered investing features and automation. Comparable end customer (retail investors) and converging on AI-driven asset management offerings.
- Wealthfront: Robo-advisor offering automated, algorithmically managed portfolios to retail investors. Broadly comparable as an AI/algorithm-driven asset management offering for the same retail segment.
Emerging players
- Composer.trade: Retail-focused automated and algo-trading platform that lets individual investors build, test, and deploy systematic trading strategies. Closely aligned with Algofi's retail-algorithmic-trading focus.
- TradingView: Retail charting, social, and increasingly brokerage-integrated platform popular with algorithmic and systematic retail traders. Comparable as a strategy-discovery and execution-adjacent platform.
Market position
Customer concentration
Algofi social profiles
Digital presenceAlgofi financial estimates
Financial estimateRevenue estimate
Valuation estimate
Algofi leadership team
Management profileNumber of profiles
Algofi funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Algofi M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Algofi
What does Algofi do?
Algofi is an AI-driven platform that offers automated trading strategies for individual investors. The company positions itself as an artificial intelligence platform for asset management, delivering algorithmic trading capabilities to retail investor users through its online platform at algofi.ai.
When was Algofi founded?
Algofi was founded in 2024. It employs 101 to 250 people.
Where is Algofi based?
Algofi is headquartered in Larnaca, Cyprus, in the Europe region.
Who are Algofi's main competitors?
Direct peers on record are QuantConnect, Alpaca and MetaTrader (MQL5). Broad incumbents are TradeStation, Interactive Brokers, eToro, Robinhood and Wealthfront. Emerging players are Composer.trade and TradingView.
Does Algofi have an API?
No public API is recorded for Algofi.
What industry is Algofi in?
Algofi's product category is AI-powered Asset Management. Its primary akta.pro industry code is HDAEAMAD, Augmented Analytics & AI-Assisted BI (NLQ/NLG, Insights), with a secondary code of FSACAJAM, Electronic Trading Controls & Algo Governance (Kill Switch, Throttles). Its NAICS code is 5132 and its SIC code is 6282.