# Data Nerds

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

- Industry: Business Support Services
- Headquarters: Canada
- Website: www.datanerds.com
- Total disclosed funding: $3M
- Latest round: Series A (Jan 8, 2018)
- Investors on record: 4

## About

Data Nerds offers a diverse range of data-driven solutions aimed at enhancing business performance through strategic web design, digital branding, and analytics, helping companies navigate the complexities of the digital landscape.Data Nerds, founded in 2014 in Canada, focuses on providing data-driven business solutions. The company has not undergone any significant pivots or changes in business strategy since its inception. The firm has raised a total of USD 3.00 mn through its Series A funding round led by Foundry Group in January 2018, with additional participation from Techstars Ventures, Next Big Ventures, and v1.vc. The founder’s previous company history is not disclosed.Data Nerds specializes in a comprehensive suite of data-driven solutions designed to enhance business growth through innovative strategies. Their core offerings include creative web design, digital branding, campaign advertising, and in-depth analytics and research. The team is proficient in conversion rate optimization and online marketing, ensuring that clients effectively reach and engage their target demographics. By providing a full spectrum of services from initial design and development to detailed reporting, Data Nerds serves a diverse client base across multiple sectors, including retail, technology, and professional services. The company markets its products predominantly in North America and Europe, where businesses increasingly rely on data to inform decision-making processes and optimize their operations.Data Nerds generates revenue through a combination of direct-to-consumer and B2B transactions, primarily via service contracts for their various offerings. Clients engage Data Nerds for tailored solutions, which may include ongoing subscriptions for continuous support in areas such as analytics and marketing optimization. The pricing structure typically involves fixed fees for specific projects or monthly retainers for ongoing services, allowing for flexibility based on the scope of work required. Flagship services, such as their comprehensive analytics and strategic consulting, form the backbone of their revenue model, driving consistent engagement with clients looking to leverage data for growth.Following the USD 3.00 mn Series A funding in January 2018, led by Foundry Group, Data Nerds plans to enhance its product offerings and expand its market presence. The company is in the process of developing new data analytics tools aimed at small and medium enterprises, with a targeted launch by the end of 2023. Furthermore, there are plans to penetrate the European market more aggressively by 2024, focusing on regions like Germany and France, to capitalize on the growing demand for data-driven business solutions in those areas. The recent funding will be utilized to support these product developments and market expansion initiatives.

## Funding rounds

- Series A, Jan 8, 2018, $3M — Foundry Group, Techstars, V1.VC, Next Big Ventures

## Investors

- Foundry Group (https://capitalatlas.ai/funds/foundry-group) — Series A
- Techstars (https://capitalatlas.ai/funds/techstars) — Series A
- V1.VC (https://capitalatlas.ai/funds/v1-vc) — Series A
- Next Big Ventures (https://capitalatlas.ai/funds/next-big-ventures) — Series A