# Intrinio

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

- Industry: Internet
- Headquarters: St. Petersburg, US
- Website: www.intrinio.com
- Total disclosed funding: $5M
- Latest round: Series A (Apr 24, 2019)
- Investors on record: 4

## About

Intrinio, Inc. specializes in delivering advanced financial data APIs, enabling seamless access to real-time financial information for a diverse clientele, including financial institutions and investment professionals.Intrinio, Inc. was founded in 2010 in St. Petersburg, US. The company provides financial data APIs that support various industries. Founded by Joseph French and Rachel Carpenter, Intrinio has undergone strategic developments to enhance its offerings. It raised USD 5 million in Series A funding on April 24, 2019, led by NYCA Partners with participation from Alumni Ventures Group, Tech Square Ventures, and Village Capital. The company has successfully completed five deals and has raised a total of USD 5 million to date. Rachel Carpenter serves as the CEO.Intrinio’s main offerings focus on providing a comprehensive suite of financial data APIs designed to facilitate access to real-time financial information for various industries, including fintech platforms, financial institutions, and investment professionals. Their core products encompass real-time stock prices, end-of-day historical stock prices, options data, and standardized financial statement data. These APIs enable clients to integrate high-quality, accurate financial data into their applications, thereby enhancing decision-making capabilities and operational efficiency. The company's offerings are utilized by a diverse customer base, including portfolio managers, analysts, and developers, who rely on Intrinio’s data to drive insights and innovation within their respective sectors. Although primarily serving clients in the United States, Intrinio’s products cater to a global market, addressing the needs of international financial professionals seeking reliable and timely market data.Intrinio generates revenue through a subscription-based model, where clients access its financial data APIs via various pricing plans tailored to their specific needs. This model allows for flexibility in transaction structures, catering to business-to-business (B2B) relationships as well as direct engagement with end-users. Clients typically subscribe to specific datasets or services, such as real-time stock prices, options data, or fundamental company information, with pricing varying based on the level of access and volume of data required. As clients integrate Intrinio’s financial data into their applications, transactions occur on a recurring basis, ensuring a steady revenue stream for the company. The firm’s flagship offerings, such as real-time stock prices and comprehensive financial statement data, serve as key revenue drivers, further solidifying its position in the financial data landscape.Intrinio plans to leverage its recent Series A funding of USD 5 million to enhance its product offerings and expand into new markets. The company is currently designing new financial data products slated for release in 2023, which will further enrich its API suite. Intrinio aims to penetrate international markets, specifically targeting Europe and Asia by 2024, allowing it to serve a broader client base. The funding will support the development of these products and the necessary market expansion initiatives.

## Funding rounds

- Series A, Apr 24, 2019, $5M — Tech Square Ventures, Village Capital, Nyca, Alumni Ventures Group

## Investors

- Tech Square Ventures (https://capitalatlas.ai/funds/tech-square-ventures) — Series A
- Village Capital (https://capitalatlas.ai/funds/village-capital) — Series A
- Nyca (https://capitalatlas.ai/funds/nyca) — Series A
- Alumni Ventures Group (https://capitalatlas.ai/funds/alumni-ventures-group) — Series A