6 years ago
Neudata Raises $1 Million to Expand Global Alternative Data Services
Neudata, a London and NYC-based global alternative data evaluation company, closed a $1 million funding round
The company intends to use the funds to expand its teams and develop the services for buy-side clients
Founded in 2016 by Rado Lipuš, CEO, Neudata works with Investment Management clients worldwide who manage more than $7tn in assets, helping them find, evaluate and select new data sources that will advance their investment process
The company's service is delivered via a 'software as a service' platform and expert consultancy.
ProblemFinancial Services
"Neudata is addressing the challenge of finding, evaluating, and selecting new data sources for investment management clients who manage over $7 trillion in assets."
Solution
"Neudata offers a 'software as a service' platform and expert consultancy to help these clients identify and utilize alternative data sources to enhance their investment process."