# Credit Benchmark

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/credit-benchmark

- Industry: Financial Services
- Headquarters: London, UK
- Website: www.creditbenchmark.org
- Total disclosed funding: $36M
- Latest round: Series C (Jun 11, 2018)
- Investors on record: 3

## About

Credit Benchmark Limited is a data analytics company specializing in providing independent credit risk assessments and insights for financial institutions, enhancing decision-making in risk management and capital allocation.Credit Benchmark Limited was founded in 2012 and is headquartered in London, UK. The company offers data-driven solutions aimed at risk management and capital allocation for banking and finance professionals. The firm has secured funding through three deals, with the most recent being a SERIES C round on June 11, 2018, raising GBP 4.82 million led by Balderton Capital, Index Ventures, and Communitas Capital Partners. As of now, Credit Benchmark has a total amount raised of GBP 4.82 million and is valued at GBP 97.77 million post-money. The co-founders include Donal Smith, Kady Traore, and Mark Faulkner, while the current CEO is Michael Crumpler.Credit Benchmark specializes in providing data-driven solutions designed for risk management and capital allocation, catering primarily to banking and finance professionals. Their core offerings include tools for customer onboarding, credit decisioning, portfolio insights and monitoring, model development and calibration, market valuation and pricing insights, regulatory and third-party risk validation, and counterparty and entity reference mapping. These products leverage a unique consensus rating system, which aggregates insights from over 40 leading global financial institutions, allowing users to access timely, independent assessments of credit risk. The client base encompasses various financial entities, including banks, insurance companies, asset managers, and other financial firms, primarily operating in markets across North America, Europe, Asia, and beyond.Credit Benchmark generates revenue primarily through subscription-based models that provide access to their suite of risk management tools and data insights. Clients typically engage with the company by subscribing to services tailored to their specific needs, such as real-time credit risk assessments and portfolio monitoring. These transactions often involve multi-year agreements, where firms pay an annual fee in exchange for continuous access to updated data and analytics. While specific pricing details are not disclosed, the service structure is designed to accommodate various tiers based on the size and complexity of the client's needs, enhancing the value proposition for institutional users. The focus on collaboration with leading financial institutions further solidifies Credit Benchmark's position as a trusted provider of credit risk data and insights in the marketplace.In June 2018, Credit Benchmark Limited raised GBP 4.82 million in SERIES C funding, which they aim to utilize for product development and expanding their market presence. The company plans to launch new risk assessment tools aimed at enhancing real-time analytics capabilities. Furthermore, Credit Benchmark is targeting expansion into the Asia-Pacific region by 2023, seeking to enhance their service offerings in that market. The recent funding will support these initiatives, allowing them to develop new products and broaden their reach within the financial services sector.

## Funding rounds

- Series C, Jun 11, 2018, $6.5M — Index Ventures, Balderton Capital, Communitas Capital Partners
- Series B, Jun 18, 2015, $21M — Index Ventures, Balderton Capital
- Series A, Jun 23, 2014, $8.8M — Index Ventures

## Investors

- Index Ventures (https://capitalatlas.ai/funds/index-ventures) — Series A, Series B, Series C
- Balderton Capital (https://capitalatlas.ai/funds/balderton-capital) — Series B, Series C
- Communitas Capital Partners (https://capitalatlas.ai/funds/communitas-capital-partners) — Series C