# Crowd Data Systems

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/crowd-data-systems

- Industry: Software
- Headquarters: Chelmsford, UK
- Website: www.crowddatasystems.com
- Total disclosed funding: $0.5M
- Latest round: Seed (Dec 9, 2020)
- Investors on record: 3

## About

Crowd Data Systems Limited specializes in providing a SaaS treasury management platform that revolutionizes business finance operations through advanced technology and seamless integration with existing financial systems.Founded in 2018 in Chelmsford, UK, Crowd Data Systems Limited develops innovative treasury management solutions. The company was established by Kelly Scammell and Steve Whalley. Following its inception, the firm successfully raised GBP 829,500 in Seed funding on April 5, 2022, contributing to a total amount raised of GBP 829,500 with a current company valuation of GBP 6.82 mn.Crowd Data Systems (CDS) offers a comprehensive Software-as-a-Service (SaaS) treasury management platform tailored for modern treasury and business finance operations. The platform enhances operational efficiency by providing a user-friendly interface and robust integration with existing banking, trading, and financial systems through a modern API framework. Designed to replace outdated legacy systems and error-prone spreadsheets, the solution supports unlimited users, facilitating collaborative data sharing and real-time reporting for treasury professionals across North America, Europe, and Asia-Pacific.Crowd Data Systems operates on a subscription-based revenue model, enabling clients to access its treasury management platform via monthly payments without long-term commitments. This flexible structure allows businesses to adjust their subscription according to operational needs, ensuring a straightforward pricing model without hidden costs. Revenue is generated from these subscription fees, fostering accessibility and ease of use in the treasury management landscape.With the recent Seed funding of GBP 829,500 raised in April 2022, Crowd Data Systems plans to enhance its platform and develop new features aimed at expanding its market reach. The company is focusing on entering additional markets within Europe and Asia-Pacific by the end of 2023, leveraging its funding to support product development and marketing initiatives. Specific upcoming products are in the design phase, aimed at further addressing the needs of modern treasury operations.

## Funding rounds

- Seed, Dec 9, 2020, $0.5M — Ascension Ventures, Force Over Mass Capital, Concept Ventures

## Investors

- Ascension Ventures (https://capitalatlas.ai/funds/ascension-ventures) — Seed
- Force Over Mass Capital (https://capitalatlas.ai/funds/force-over-mass-capital) — Seed
- Concept Ventures — Seed