a year ago

INQDATA Raises £750,000 to Scale Data Analytics Platform

  • INQDATA, a Belfast-based data analytics startup, has secured £750,000 in funding from the Investment Fund for Northern Ireland’s equity arm

  • This brings the total funding raised by INQDATA to £2.5m

  • The investment round was led by Clarendon Fund Managers, with participation from new investors, Iona Star Capital and Techstart Ventures

  • INQDATA provides analytics solutions for infrastructure management, storage, preparation, and data access for market data across capital markets

  • Their cloud-based solution aims to simplify data access and management for financial institutions and hedge funds.

      • ProblemFinancial Services

      "Financial institutions and hedge funds are struggling to access and manage market data effectively, leading to high costs, slow insights, and a competitive disadvantage."

      Solution

      "INQDATA offers a cloud-based data analytics solution that makes market data easily accessible, accelerates time-to-insights, and reduces data management costs."

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