Brief

Investment Group Altshuler Shaham Acquires Valuation-Simplifier Startup AlgoValue

AlgoValue develops an online service that analyzes and simplifies financial details such as tax valuations and audits

Israeli investment group Altshuler Shaham has acquired Israel-based AlgoValue Inc., the former announced Tuesday. The financial details of the acquisition were not disclosed.

 

Founded in 2010, AlgoValue develops an online service that analyzes and simplifies financial processes such as tax valuations and audits. The company lists JPMorgan and San Francisco-based Catamount Ventures as customers.

Altshuler Shaham. Photo: Omer Messinger