Israel based financial pricing startup Earnix has raised $13.5m in venture funding led by previous investors Jerusalem Venture Partners among others. Earnix has developed advanced predictive analytics solutions for making decisions about and pricing banking and insurance products.
The Ramat Gan based company's integrative solutions are designed to help financial institutions all over the world achieve business, growth, and profit targets. The solutions facilitate optimal decision-making about the product, pricing, and marketing, with tailoring to dynamic marketing conditions. "Risk and demand modeling are combined in a single platform and can be applied according to prevailing regulatory and business requirements. The Earnix enterprise architecture provides real-time connectivity to operational systems, bringing the power of analytic-driven decisions to every point of customer interaction," Earnix says.