Demyst

big data analyticsregtechekyc/aml/cft

FOUNDING YEAR: 2010
LOCATION: United States
Last Update: 01/05/2020

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About

Demyst Data Ltd. provides data sourcing solutions for banks, telecommunications providers, insurers, and lenders through its online platform. The platform enables them to use that data to offer financial services. The platform offers data related to telecommunication, social network, Identity, fraud, Websites, text, news, logs, etc.

Focus

PRODUCTS & SERVICES

Demyst Data’s data sourcing solutions include DemystLabs and DemystGateway 1) DemystLabs: It offers a tool to extract data used by companies to build solutions related to fraud, credit, verification, marketing, etc. 2) DemystGateway: It offers a dashboard for financial institutions to centralize, access, and analyze online data, census data, network data, credit bureau data, marketing data, etc.

MAIN CLIENTS

Financial Institutions

COMMENT

Makes use of tons of datas got from unstructured information online to evaluate loan suitability and creditworthiness.

Traction

VALUATION / MARKET CAP:

$33.3 M in 2015

People

NUMBER OF EMPLOYEES

11-50

INVESTORS:

Accion

Arbor Ventures

MissionOG

Notion

Singtel Innov8

SOSV

The Mobile Only Accelerator

KEY EMPLOYEES:

Mark Hookey (CEO); Michael Gertsch (COO); Brenden Grace (CTO); Gerald Maloney (CFO)

Momentum

FUNDED

YES

TOTAL FUNDING

$12 M

DATE OF LAST FUNDING

Oct 2016

TOTAL FUNDING COMMENT

The company is planning to use its funds to grow their technology and client services teams while also investing to expand data partnerships to meet booming demand in the U.S. and Asia Pacific markets. (October 2016)

SEED CLOSED ON

May 2013

SEED PRIOR FUNDING COMMENT

Undisclosed seed funding round in May 2013

FUNDING SERIES

SERIES A  · $5 M  · Mar 2016

SERIES B  · $7 M  · Oct 2016

LISTED

NO

Innovation Programs

BASICS

FOUNDING YEAR:

2010

LOCATION:

United States

Views:

324 VISITORS | 503 VIEWS
LATEST FUNDING ROUND

$12 M

TOTAL EMPLOYEES
11-50

About

Demyst Data Ltd. provides data sourcing solutions for banks, telecommunications providers, insurers, and lenders through its online platform. The platform enables them to use that data to offer financial services. The platform offers data related to telecommunication, social network, Identity, fraud, Websites, text, news, logs, etc.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

Focus+
Momentum+
Traction+
People+
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Innovation Programs

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