Data Simply

wealthtech (retail) | financial research

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46 VISITORS | 101 VIEWS

FOUNDING YEAR: 2014

LOCATION:

United States

REGION:

California

Last Update:
22 Oct, 2019

Description

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:

Viewable by subscribers only

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:

John Sawers, Michelle Bonat

NUMBER OF EMPLOYEES:

1-10

INVESTORS:

SixThirty

KEY EMPLOYEES:

Michelle Bonat (CEO); John Sawers (CTO)

TRACTION

Insufficient information for accurate analysis

MOMENTUM

FUNDED:

YES

TOTAL FUNDING:

$100 K

DATE OF LAST FUNDING:

Oct 2014

TOTAL FUNDING COMMENT:

Seed

SEED & PRIOR FUNDING:

$100 K

SEED CLOSED ON:

Oct 2014

SEED PRIOR FUNDING COMMENT:

Seed

LISTED:

LATEST RESEARCH

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