Allasso Secures €2.5M to Advance AI Options Trading Analytics

Geneva-based FinTech startup Allasso secured €2.5 million in its latest funding round. Fuel Ventures led the investment, with additional participation from angel investors and early industry backers. Allasso develops AI-ready, data-enabled analytics for options trading, aiming to modernize financial market tools.

Modernizing Financial Market Analytics

Allasso provides modern analytics and risk management tools for financial market professionals. The company's platform aims to replace outdated trading infrastructure and siloed systems, offering an alternative to established platforms like Bloomberg Terminal. Allasso delivers API-first, web-based interfaces with chat integration, designed for data science.

Its flagship tool, Allasso Copilot, integrates options analytics, backtesting, and scenario analysis into one interface. This platform also provides idea generation, historical analysis, and comprehensive risk management. Allasso addresses widespread data inadequacy in the industry by leveraging 20 years of best-in-class data.

The new capital will support Allasso's commercial scaling and expansion into new asset classes. This includes STIR and bond futures, ETFs, FX, single stocks, and crypto, enhancing AI in finance. The company competes with other analytics providers such as Refinitiv Eikon and FactSet by offering a unified, data-driven solution for traders. This funding marks a significant step in FinTech innovation.