HelloSoda

regtechauthentication and fraud preventionekyc/aml/cftbig data analyticsrisk management

FOUNDING YEAR: 2013
LOCATION: United Kingdom
Last Update: 10/07/2020

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About

Hello Soda is an big data and text analytics company. It prrovide unique solutions for clients across 6 continents in multiple industries to verify identity, reduce fraud, and personalise marketing.

MEDICI Analysis

HelloSoda offers big data analytics solutions that enable businesses to conduct marketing risk analysis and consumers’ psychometric assessment. The PROFILE platform analyzes the digital footprint of an individual and provides real-time & actionable insights to businesses. The findings are utilized by businesses for verifying a customer’s identity, increasing customer onboarding, detecting fraud, identifying cross-sell, and up-sell opportunities, providing a seamless experience to customers and personalizing their marketing efforts. These insights can be used across various industries like financial services, gaming, recruitment services, etc.

Focus

PRODUCTS & SERVICES

HelloSoda offers a range of solutions like: PROFILE ID: It is a digital identity verification solution that helps businesses to onboard new customers and reduce fraud loss. With PROFILE ID, users can pre-fill application forms, verify identity, and reduce the chances of fraud and risk. PROFILE Personalization: It helps businesses to improve customer experience by providing personalized solutions that are relevant to them. Users can target customers on the basis of real-time data & alerts, determine the best contact method & time frame, and provide solutions based on their interests, hobbies, goals, etc. PROFILE Risk: Users can conduct risk assessment by analyzing data like personality traits, interests, and employment. It helps businesses to reduce loss, increase customer acquisition, generate accurate assessments, and increase auto-accepts. PROFILE Insights: It helps businesses to analyze unstructured data and extract meaningful insights about users. It also enables them to automate various processes like email categorization, topic extraction, mail prioritization, etc. It also delivers credit ratings that help businesses to understand the creditworthiness of a potential customer and their chances of committing any fraudulent activity.

REVENUE MODEL

The company earns through an annual subscription-based model.

MAIN CLIENTS

Banks and companies

EXISTING PARTNERSHIPS

The company has partenered with SAP

Basis Technology

Numenta

Fincerno

and Amazon Web Services.

PRIMARY PROBLEM SOLVED

Lack of accessibility and personalisation for consumers

company provided insights

Traction

ACTIVE USERS:

70

People

FOUNDERS

James Blake

Paul Shepherd

NUMBER OF EMPLOYEES

1-10

INVESTORS:

Clydesdale Bank

EIT Digital Accelerator

lydesdale and Yorkshire Bank

NVM Private Equity

Pitch@Palace

Yorkshire Bank

KEY EMPLOYEES:

Rhian Hughes

Ahmed Amin

James Blake (CEO)

Rhian Hughes (COO)

Momentum

FUNDED

YES

TOTAL FUNDING

$5.3 M

DATE OF LAST FUNDING

Nov 2017

TOTAL FUNDING COMMENT

The company is planning to use its funds to continue its global growth plans and raise the profile of its offerings in the ID verification, risk, and personalisation verticals. (Nov. 2017)

SEED CLOSED ON

Apr 2016

FUNDING SERIES

OTHERS  · $5.3 M · Nov 2017

DEBT FUNDING

$1.99 M

LISTED

NO

BASICS

FOUNDING YEAR:

2013

LOCATION:

United Kingdom

Views:

216 VISITORS | 449 VIEWS
LATEST FUNDING ROUND

$5.3 M

TOTAL EMPLOYEES
1-10

About

Hello Soda is an big data and text analytics company. It prrovide unique solutions for clients across 6 continents in multiple industries to verify identity, reduce fraud, and personalise marketing.

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!

MEDICI Analysis

HelloSoda offers big data analytics solutions that enable businesses to conduct marketing risk analysis and consumers’ psychometric assessment. The PROFILE platform analyzes the digital footprint of an individual and provides real-time & actionable insights to businesses. The findings are utilized by businesses for verifying a customer’s identity, increasing customer onboarding, detecting fraud, identifying cross-sell, and up-sell opportunities, providing a seamless experience to customers and personalizing their marketing efforts. These insights can be used across various industries like financial services, gaming, recruitment services, etc.

Focus+
Momentum+
Traction+
People+
Other+

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HelloSoda

About

Hello Soda is an big data and text analytics company. It prrovide unique solutions for clients across 6 continents in multiple industries to verify identity, reduce fraud, and personalise marketing.

Focus

PRODUCTS & SERVICES

It suite of multilingual software products leverage digital data to provide businesses with real-time detailed insights into consumer interests, lifestyle and behaviour, enabling them to make more informed business decisions and reduce the reliance on traditional data and processes. Hello Soda’s analytics engine provides one-to-one individual insights, helping to increase inclusion, acquisition and retention, and reduce fraud and losses.

REVENUE MODEL

The company earns through an annual subscription-based model.

TOP PROBLEM SOLVED

Lack of accessibility and personalisation for consumers

PRODUCT DEVELOPMENT STAGE

V2.0 or BEYOND

PRIMARY CUSTOMER TYPE

Enterprise - Banks or Financial Institutions

Small and Medium Business - Online Retail

Consumer

PRODUCT ATTRIBUTES

SaaS

White label

People

FOUNDERS

James Blake

Paul Shepherd

NUMBER OF EMPLOYEES

11-50

KEY EMPLOYEES:

CEO, FOUNDER: James Blake

CTO: Symeon Breen

COO: Rhian Hughes

Sales Director: Ahmed Amin

employee: James Blake (CEO)

employee: Rhian Hughes (COO)

FOUNDER: Paul Shepherd

INVESTORS:

Clydesdale Bank

Clydesdale Bank

Clydesdale Bank

Clydesdale Bank

EIT Digital Accelerator

EIT Digital Accelerator

EIT Digital Accelerator

EIT Digital Accelerator

lydesdale and Yorkshire Bank

NVM Private Equity

NVM Private Equity

NVM Private Equity

NVM Private Equity

NVM Private Equity

Pitch@Palace

Pitch@Palace

Pitch@Palace

Pitch@Palace

Yorkshire Bank

Yorkshire Bank

Yorkshire Bank

Yorkshire Bank

Momentum

FUNDED

YES

LISTED

NO