Luma Ventures invests in Algolytics

We are happy to announce that Algolytics has joined the portfolio of Luma Ventures. Thereby we join the current group of financial investors supporting the development of Algolytics. Thanks to the transaction, the company will receive additional capital which will enable it to strengthen its sales activities.

Algolytics specializes in providing solutions in the field of advanced business analytics. The tools offered by the company enable creating predictive models supporting enterprises in the area of customer relationship management (CRM) and risk management. Among the Algolytics clients are leading Polish banks, telecommunications companies as well as international enterprises, among others Alior Bank, PKO Bank Polski, Plus, Play or Danone and Unilever.

The Algolytics team consists of experts in the field of Big Data and Data Mining with many years of experience in creating innovative analytical solutions. Their work has been recognized in the form of many awards, including winning the first prize in the category of Polish Innovation 2015 in the BIG DATA contest: Think Big CEE Congress.

We are happy that we will work with such an experienced team in the realization of further development plans.