ThetaRay

For 2018 the headquarters of ThetaRay is located in the Israeli city the Course - ha - Sharon, is also offices in New York and Singapore.

The company uses machine learning and artificial intelligence technology for identification of cases of money muling at an early stage. The company also works in the field of prevention of cyber attacks. The company claims that in the analysis of more than 200 million transactions the technological solutions proposed by it showed absolute result on detection of cases of money muling. In 2018 uses these solutions, in particular, ING Group and ABN Amro banking groups.

2018: The Russian SBT Venture Fund II invests in ThetaRay

The first investment of SBT Venture Fund II fund, one of investors of which is Sberbank, there was the Israeli startup of ThetaRay. RBC The co-owner of management company of fund told about it FortRoss Ventures Victor Orlovsky. ThetaRay specializes in identification of financial crimes and cases of money muling at an early stage using artificial intelligence technologies.

SBT Venture Fund II, according to Oryol, participated in a round of attraction of financing for ThetaRay which took place in July, 2018. During a round the company attracted $30 million. Among investors, in addition to SBT Venture Fund II, there were Jerusalem Venture Partners, the largest Israeli bank Hapoalim, the kraudinvestingovy platform OurCrowd, General Electric, investment division of Silicon Valley Bank and other companies. After a final round total investment in a startup reached $60 million. Did not call a share of the Oryol fund.

2013: Foundation of the company

ThetaRay is founded in 2013, development of a technology platform was conducted by professors Amir Averbukh from Tel Aviv University and Ronald Coifman from Yale.