Our firm represented Vertex Fund, which led a financing round of $5 million for the Israeli start-up Atidot.
Our firm represented Vertex fund in leading a $5 million round of fund raising for Atidot, an Israeli start-up company that develops predictive actuarial analytics and risk calculation systems for insurance companies using the latest mathematical models and machine learning methods. Emanuel Timor, General Partner at Vertex, said to Calcalist: "We were impressed by the company's achievements, vision, technological depth and existing customer base. Atidot has built a unique team that integrates special capabilities in the data science and big data fields, along with actuarial depth and a profound understanding of this field of business."
The Vertex Fund was represented by Advs. Erez Mizrachi, Orly Samuelov, Michael Gofer and Dorit Rachamim of our firm.
For the article in the Calcalist, click here: