Automata Group Ltd.

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Automata Group Ltd. - overview

Established

2017

Location

London, -, UK

Primary Industry

Financial Services

About

Automata Group Ltd. is a London-based company that focuses on providing a digital investment platform, facilitating the management of high-potential financial assets for a diverse range of investors. Founded in 2017 in London, UK, Automata Group Ltd. offers a platform designed for managing digital investments.


The company was co-founded by Gael ITIER, Julien Halimi, Stephane Perrin, and Zaied Al-Sultani. In November 2020, the firm raised EUR 1. 5 million in Series A funding, which accounted for the total amount raised to date. As of now, the firm has completed one deal, with the most recent deal occurring on November 3, 2020.


Automata Group Ltd. provides a digital investment platform that offers a diverse range of financial products designed to enhance wealth through high-potential assets. Core offerings include savings products with competitive yields, such as flexible savings accounts with returns of up to 6. 44%, and long-term investments promising returns as high as 8.


3%. The platform facilitates the buying, selling, and trading of cryptocurrency assets, incorporating features like automated portfolio management and capital protection, catering to both novice and experienced investors. Automata Group Ltd. 's revenue model is based on transaction fees related to its digital asset management services, along with interest generated from investment products.


Users typically engage with the platform through a subscription-based model for advanced features or by directly investing in high-yield savings and cryptocurrency assets. The firm employs a structured transactional framework with fees varying based on the service or investment type selected, supporting overall financial health while delivering tailored investment solutions to clients. In the coming years, Automata Group Ltd. plans to enhance its product offerings by developing new investment tools aimed at further optimizing user experience.


The firm targets expansion into additional European markets by 2023, as well as actively engaging regions that are increasingly adopting cryptocurrency investments. The EUR 1. 5 million raised from the Series A funding round will be utilized to support these initiatives, focusing on product development and market expansion efforts.


Primary Industry

Financial Services

Sub Industries

e-Financial, Accounting/Finance Software

Website

www.akt.io

Verticals

Blockchain, FinTech

Company Stage

Series A

Total Amount Raised

Subscriber access only

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.