Fuel Ventures leads investment as Geneva-based fintech builds AI-ready trading tools.
Allasso, a Geneva-based fintech building data-enabled analytics for financial markets, has raised $3 million in a funding round led by Fuel Ventures. The round also included angel investors and follows earlier industry backing.
The company was founded by veteran options trader Felix Euler and data scientist Vadim Cissa, who together have more than three decades of experience in financial markets. Frustrated with fragmented legacy trading systems, the pair set out to create a modern, API-first platform designed for data science integration.
Allasso’s flagship product, Copilot, provides traders with a consolidated view of options markets by combining backtesting, scenario analysis, idea generation, historical analysis, and risk management into a single interface. Built on 20 years of high-quality data, Copilot aims to solve data gaps in the industry while delivering fast, intuitive insights.
The firm said the investment will support commercial scaling and expansion into additional asset classes including STIR and bond futures, ETFs, FX, single stocks, and crypto.
Felix Euler, co-founder of Allasso, said: “The trading industry has been held back for too long by fragmented and outdated systems. At Allasso, we want to change the game for financial markets professionals across the board and, among them, the next generation of data science-ready graduates who expect better trading tools.”
Mark Pearson, founder of Fuel Ventures, added: “Felix and Vadim are a prime example of the founders we love to back: problem-solvers using their years of experience and insight to disrupt outdated systems with smarter, more efficient solutions. They are redefining what is possible in pre-trade analytics and risk management, helping traders manage risk and make more informed decisions, and we’re proud to support their growth.”