About Lagoon
Lagoon empowers investment professionals in capital markets with data science tools, without the need to write a single line of code. Our platform places the human at the center (HITL), allowing the user to customize and control metrics to generate explainable, data- driven insights.
Location: Tel Aviv
Year Founded: 2020
Vertical: Digital Banking / Analytics / Infrastructure
Employees: 1 – 10
Website: Lagoon
Social Media:
Problem
In order to generate better returns and stay competitive, investment professionals must have the capabilities to analyze alternative data sources (such as web scraping, geolocation) in real time. However, due to the high costs associated with acquiring infrastructure and data scientists, many investment professionals today rely on traditional data sources (financial reports, new & media) and tools.
Ideal Customers
Consumers (B2B)
- Startup Pre-revenue 100%
- Startup Post-revenue $1 – $2M 0%
- Scaleup $2M – $10M 0%
- Scaleup $10M+ 0%
Core Benefits
We are the leading data analytics platform with a human in the loop approach, drawing insights both from the user’s experience and knowledge and from the machines’ results. We allow the analyst to influence the model, understand the results and make better investment decisions using interpretable models (Explainable AI).
The yearly budget for data teams (of which there is a shortage) is between 1.5-2.5m; we can save companies up to 50% of their analytics costs by reducing the data team hiring costs as well as the time they spend on analyzing data. Moreover, those who don’t have access to data teams can now gain access to our infrastructure and technology to adopt new alternative data sources in their decision-making process – reduce the risk and increase the revenues.
Milestones
- Backed by Techstars
- Pilot with top asset manager and hedge fund in Israel
Problem
In order to generate better returns and stay competitive, investment professionals must have the capabilities to analyze alternative data sources (such as web scraping, geolocation) in real time. However, due to the high costs associated with acquiring infrastructure and data scientists, many investment professionals today rely on traditional data sources (financial reports, new & media) and tools.
Core Benefits
We are the leading data analytics platform with a human in the loop approach, drawing insights both from the user’s experience and knowledge and from the machines’ results. We allow the analyst to influence the model, understand the results and make better investment decisions using interpretable models (Explainable AI).
The yearly budget for data teams (of which there is a shortage) is between 1.5-2.5m; we can save companies up to 50% of their analytics costs by reducing the data team hiring costs as well as the time they spend on analyzing data. Moreover, those who don’t have access to data teams can now gain access to our infrastructure and technology to adopt new alternative data sources in their decision-making process – reduce the risk and increase the revenues.
Ideal Customers
Consumers (B2B)
Milestones
- Backed by Techstars
- Pilot with top asset manager and hedge fund in Israel
- Startup Pre-revenue 0%
- Startup Post-revenue $1 – $2M 100%
- Scaleup $2M – $10M 0%
- Scaleup $10M+ 0%