Startups
Avoodoo is a start-up based in Zurich, Switzerland, founded by Frank Sprich and Johanna Kälble.
They provide a cloud-based platform for exchanges, banks or asset managers who want to validate and backtest their index ideas quickly using historic data.
Currently, index developers have their data in different databases, in different quality and they calculate indices and new index ideas mostly manual in excel files or with scripts. Until to date there was no platform where all data is kept as a single source of truth, with consistent data and the corresponding transparency. Yet new technologies allow to create a platform where this is possible and enables the index developer to tell in every point in time which data was valid when - and what was calculated/configured for a certain index/index idea. The platform serves as one-stop-shop for index development, which speeds up business processes and development time and reduces IT intervention to a minimum, enabling business to use a self servicing tool of their needs.
They provide a cloud-based platform for exchanges, banks or asset managers who want to validate and backtest their index ideas quickly using historic data.
Currently, index developers have their data in different databases, in different quality and they calculate indices and new index ideas mostly manual in excel files or with scripts. Until to date there was no platform where all data is kept as a single source of truth, with consistent data and the corresponding transparency. Yet new technologies allow to create a platform where this is possible and enables the index developer to tell in every point in time which data was valid when - and what was calculated/configured for a certain index/index idea. The platform serves as one-stop-shop for index development, which speeds up business processes and development time and reduces IT intervention to a minimum, enabling business to use a self servicing tool of their needs.
Overview
Location
Switzerland, Zurich
Employees
1-10
Founded date
2020
Investors 1
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Mentions in press and media 4
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| Mar 31, 2021 | Six startups secure funding from F10 | Through the F10 Investment AG, corporate partners of F10 FinTech Incubator & Accelerator, such as SIX Group and the House of Insurtech Switzerland (HITS) have the opportunity to invest in carefully selected startups shaping the future o... |
| Aug 19, 2020 | 15 international start-ups selected for the F10 Incubation Program | After an intense selection process earlier this year, 15 promising FinTech, RegTech and InsurTech Startups made it into the renowned six-month program. The F10 team supports the Startups accepted into the Incubation Program in developing th... |
| Aug 19, 2020 | 15 international start-ups selected for the F10 Incubation Program |
Reviews 0
FAQ about Avoodoo
When was Avoodoo founded?
Avoodoo was founded in 2020.
What has the press written about Avoodoo?
Parsers VC has collected 4 articles mentioning Avoodoo, among them “Six startups secure funding from F10” (Mar 31, 2021) and “15 international start-ups selected for the F10 Incubation Program” (Aug 19, 2020).
Is Avoodoo still active?
Yes, Avoodoo is active; its latest activity on Parsers VC dates from Mar 31, 2021.