• FOUNDING YEAR: 2010
    LOCATION:
    United States
    REGION:
    NY
    Last Update:
    18 Oct, 2019
    Global presence:
    Hong Kong, Singapore

Description

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.

PEOPLE

MEDICI analysts will analyze Demyst soon

TRACTION

Insufficient information for accurate analysis

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$12 Million
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 Millions Closed: Mar 2016
SERIES B
$7 Millions Closed: Oct 2016
COMMENTS
SERIES A : An undisclosed amount of funding was raised in Series A.
LISTED:
NO

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