# Black Swan

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/black-swan

- Industry: Software
- Headquarters: London, UK
- Website: www.blackswan.com
- Total disclosed funding: $8M
- Latest round: Series B (Jul 7, 2016)
- Investors on record: 3

## About

Black Swan is a data analytics company that specializes in enhancing product development through advanced data-driven insights, enabling businesses to innovate more effectively and respond rapidly to market changes.Founded in 2011 in London, UK, Black Swan focuses on providing data analytics solutions that streamline product development processes. The company has made three notable deals, with the most recent occurring on June 30, 2022, during which it raised USD 18.5 mn in Growth funding led by Oxx Ltd, with participation from Albion Capital, Blackstone Group, and Mitsui & Co. The company is co-founded by Hugo Amos and Steve King, who currently serves as CEO.Black Swan Data offers an innovative platform designed to enhance new-product development through advanced data science techniques. Their core offerings enable businesses to leverage data-driven insights for faster and more effective innovation processes, addressing the critical needs of product development and market responsiveness. The platform serves a diverse client base, including major brands in consumer goods, technology, and pharmaceuticals, helping them to identify market trends, consumer preferences, and competitive positioning. Black Swan Data's solutions are deployed across multiple geographical markets, including North America, Europe, and parts of Asia, allowing their clients to optimize their research efforts and achieve growth in various sectors.In the most recent financial year ending 2023, Black Swan reported a revenue of USD 9,231,242.60 with an EBITDA of USD -9,232,486.60, reflecting the financial dynamics of their business operations in the data analytics sector.Following their most recent deal on June 30, 2022, Black Swan plans to utilize the USD 18.5 mn raised to develop more advanced features and capabilities in Trendscope. The company is actively working on launching new products tailored to enhance their analytics offerings and is also exploring expansion into new markets by the end of 2024, particularly targeting regions in Asia and North America to broaden their client base and service reach.

## Funding rounds

- Series B, Jul 7, 2016, $8M — Blackstone Group, Albion Capital, Mitsui & Co.

## Investors

- Blackstone Group (https://capitalatlas.ai/funds/blackstone-group) — Series B
- Albion Capital — Series B
- Mitsui & Co. — Series B