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.
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.
Makes use of tons of datas got from unstructured information online to evaluate loan suitability and creditworthiness.
MissionOG, Singtel Innov8, Notion, The Mobile Only Accelerator, Arbor Ventures, Accion, SOSV
Mark Hookey (CEO); Michael Gertsch (COO); Brenden Grace (CTO); Gerald Maloney (CFO)
VALUATION / MARKET CAP:
$33.3 MM in 2015
DATE OF LAST FUNDING:
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:
SEED PRIOR FUNDING COMMENT:
Undisclosed seed funding round in May 2013
$5 Millions Closed: Mar 2016
$7 Millions Closed: Oct 2016
SERIES A :
An undisclosed amount of funding was raised in Series A.