Desh Bhagat University

Capital Markets Startup Deshe Analytics raises $6.5MM round led by Group 11

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Tuesday, July 5, 2022

TEL AVIV, Israel and LOS ANGELES, July 5, 2022 /PRNewswire/ -- Fintech company Deshe Analytics announced a $6.5 million seed funding round led by Group 11, with participation from Psagot Investment House and the founders of WIX.com, Avishai Abrahami and Nir Zohar.

Key Points: 
  • TEL AVIV, Israel and LOS ANGELES, July 5, 2022 /PRNewswire/ -- Fintech company Deshe Analytics announced a $6.5 million seed funding round led by Group 11 , with participation from Psagot Investment House and the founders of WIX.com , Avishai Abrahami and Nir Zohar.
  • Deshe has developed sophisticated AI driven algorithms which analyze public companies around the world and generate a research report for every stock.
  • Using Deshe's analysis, all investors - sophisticated and unsophisticated - can enrich and deepen their understanding of stock markets in their native language.
  • Dovi Frances, Founding Partner of Group 11, stated: "The future lies in transparency of data, behind any investment one makes.