Data Simply

wealthtech-retailfinancial research

FOUNDING YEAR: 2014
LOCATION: United States
Last Update: 17/07/2020

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About

Data Simply is an online financial search platform. The company enables wealth managers, asset managers, broker dealers, and financial firms to use the cloud platform and reduce human error, risk, and exposure using financial data. It uses machine intelligence to see insights from data and solve business problems, starting with financial services. It allows users to interpret words in documents like an analyst, without having to read them.

Focus

PRODUCTS & SERVICES

Financial Intelligence Engine: It is a proprietary engine which takes unstructured data, like words, and interprets them like a financial analyst, with a lens specific to ESG and sustainable investing. They also have API offerings which track and analyze companies filing disclosures from SEC's Edgar database

REVENUE MODEL

The company follows a monthly and yearly subscription revenue model. It starts from $1,000 per user per month.

EXISTING PARTNERSHIPS

Data Simply has partnered with Sandbox which is a non-profit that helps FinTech startups. (Dec. 2016)

COMMENT

The Financial Intelligence Engine takes unstructured data, like words, and interprets them like a financial analyst. It runs an engine on the SEC Edgar database and turns company filings into signals, so investment professionals know when something good or bad happens with companies they follow, and even get it sent right to their phones.

People

FOUNDERS

Michelle Bonat

John Sawers

Michelle Bonat

NUMBER OF EMPLOYEES

1-10

INVESTORS:

FinTech Sandbox

SixThirty

KEY EMPLOYEES:

Michelle Bonat (CEO); John Sawers (CTO)

Momentum

FUNDED

NO

DATE OF LAST FUNDING

Mar 2015

TOTAL FUNDING COMMENT

Seed

LISTED

NO

Innovation Programs

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