# Datactics

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/datactics

- Industry: Software
- Headquarters: Belfast, UK
- Website: www.datactics.com
- Total disclosed funding: $2.3M
- Latest round: Series A (Apr 5, 2019)
- Investors on record: 4

## About

Datactics Limited provides advanced data quality solutions designed to tackle complex data challenges, particularly for organizations operating in heavily regulated sectors such as finance and healthcare.Datactics Limited was founded in 1999 and is headquartered in Belfast, UK. The company specializes in data quality and matching technology, offering tailored solutions to clients in the public and private sectors. The CEO, Stuart Harvey, leads the company, which has raised a total of GBP 2 million across multiple funding rounds, with the most recent deal occurring on March 25, 2021, led by Par Equity alongside Clarendon Fund Managers and Kernel Capital.Datactics specializes in providing advanced data quality and matching technology aimed at addressing complex data challenges predominantly faced by organizations in heavily regulated industries. Their core offerings include Data Readiness, a solution designed specifically for financial services firms to ensure compliance with data-driven regulations by validating internal processes and identifying issues within data management. Additionally, Datactics Custom DQ Match provides tailored data quality and matching capabilities, assisting clients in deduplicating and matching complex entity and instrument data, thereby enhancing decision-making and creating valuable data products. The company also offers solutions for public sector organizations that promote transparency, improve service delivery, and optimize citizen outcomes through data wrangling and quality management. Datactics serves a diverse client base across geographical markets such as North America, Europe, and Asia-Pacific, focusing on sectors including finance, healthcare, and public services, ensuring that their products are adaptable to various regulatory requirements and operational needs.Datactics generates revenue primarily through a subscription-based model, where clients engage with their offerings on an annual or multi-year basis. This model allows organizations to access Datactics' comprehensive suite of data solutions, including their flagship products, Data Readiness and Custom DQ Match, under structured agreements that often entail customization to fit specific operational needs. Revenue streams are bolstered by partnerships with clients in heavily regulated sectors, such as financial services and government agencies, which often require ongoing support and updates to ensure compliance with evolving regulations. Each engagement typically involves assessing the client's unique data challenges and tailoring the services accordingly, resulting in long-term contracts that emphasize the importance of data quality and compliance in their operational frameworks. Datactics' flexible pricing plans cater to the varying requirements of their clients, enabling organizations to choose configurations that align with their specific data management goals and regulatory demands.In March 2021, Datactics Limited raised GBP 2 million in venture funding led by Par Equity with participation from Clarendon Fund Managers and Kernel Capital. The funding will be utilized to accelerate growth by investing in sales resources in London and New York. The company aims to expand its product offerings and enhance its presence in targeted markets, focusing on increasing their client base in North America and Europe.

## Funding rounds

- Series A, Apr 5, 2019, $2.3M — Kernel Capital, PXN Group
- Seed, Nov 1, 2006 — Crescent Capital, Thule Investments

## Investors

- Crescent Capital (https://capitalatlas.ai/funds/crescent-capital) — Seed
- Thule Investments (https://capitalatlas.ai/funds/thule-investments) — Seed
- Kernel Capital (https://capitalatlas.ai/funds/kernel-capital) — Series A
- PXN Group (https://capitalatlas.ai/funds/pxn-group) — Series A