Czech start-up StockStory has only been active for less than a year, however, it has already managed to cooperate with one of the biggest companies in the world. The company provides algorithm-generated analyses of stock price evolution that are simple and easily understandable even for investment beginners. Despite the short time of operating, the company acquired contract from the technological titan and one of the biggest companies in the world – Apple. As of March 2021, every iPhone device in the United States has access to analyses of StockStory through the native app of Apple called Stocks, meaning it is available to tens of millions of potential investors. The analyses cover quarterly results of technological companies and from the point of view of speed and quality, the Czech algorithm surpasses the best financial media in the business, like CNBC, Dow Jones and Reuters. Even before the Apple contract, StockStory acquired capital from investment angels worth CZK 16 million (EUR 0.6 mil.) and it plans a second round of financing for the second half of 2021. The company wanths to use the investment to create its product.
Prepared by the team of foreign office CzechTrade Belgium