Data intelligence company DueDil has enjoyed its best ever month with sales up 130% on year in March.
With sales up 47% year-on-year in Q1 2016, data intelligence company plans to increase team to 120 by the end of the year
DueDil has announced its most successful sales quarter ever as the company continues to scale.
Pivotl looks at the global fintech boom, including commentary from DueDil CEO Damian Kimmelman.
DueDil CEO Damian Kimmelman talks about the impact of transparency on busines
Un cinquième des administrateurs des jeunes pousses créées outre-Manche ne sont pas britanniques.
London tech leaders are warning against Britain leaving the European Union as new figures show that more than one in five directors at new UK tech companies are foreign nationals, with most coming from EU countries.
Foreign entrepreneurs are playing an increasingly important role in creating and supporting new UK tech companies, new figures show.
The number of foreign entrepreneurs founding or leading technology businesses in the UK has reached its highest level since the start of the decade, highlighting how international talent is helping to develop the British tech sector.
Data intelligence company DueDil has announced the launch of LinkedIn-style networking features that will help the platform’s users connect with other decision-makers.
DueDil releases DueDil Connect to change the way businesses identify opportunities via their team’s network
B2B lead generation software provider DueDil is launching DueDil Connect to further integrate company’s networks and ease the selling process – and it has LinkedIn in its sights.
DueDil, the data intelligence company that gives businesses a platform to identify opportunities and manage risk, today announced the launch of DueDil Connect. DueDil Connect is a new feature that transforms how teams can find key business leaders and contacts by linking their networks together with comprehensive company information.
DueDil CEO Damian Kimmelman comments on best hiring practice
Using DueDil data, the New York Times looks at the amount of tax Facebook pays
DueDil CEO Damian Kimmelman discusses the problems facing LinkedIn and how to solve them
Britain’s manufacturing, technology, construction and creative industries are thriving, generating real economic growth and helping the UK to shine on the world stage, according to the latest analysis of UK-based fast-growth firms.
Research from DueDil has identified the UK's most promising and fastest-growing companies, who will drive the British economy in future years.
Maserati and the Centre for Entrepreneurs announced the ‘Maserati 100’ index of Britain’s most successful philanthropists, investors, mentors and advisors, and ascending entrepreneurs, who are supporting the next generation of business talent.
Bloomberg has named DueDil in its inaugural list of companies and people transforming the way people live, work and think in the United Kingdom.
Short for due diligence, DueDil takes an age-old challenge—deciding whom to do business with—and applies a “Future Ready” approach.
Generating leads is seen as vital factor for sales success, but 45% of companies aren’t performing at lead generation, survey finds
Using DueDil data, the NYT investigates Starbucks' tax practices
Oliver Smith interviews DueDil CEO Damian Kimmelman
Oscar Williams-Grut interviews DueDil CEO Damian Kimmelman
DueDil data reveals surge in number of Greek nationals founding businesses in the UK
“As Europe watches the ongoing Greek financial crisis, new research by DueDil shows the significant role played by people from Greece and other eurozone countries in running UK-based companies.”
"Damian Kimmelman of DueDil and the founders of Huddle and Zopa are among 53 names that have signed The Founders Pledge – an initiative set up by Founders Forum for Good to “bring about global change for good” – with an estimated £18.5m committed so far."
"More than 50 tech leaders in the UK have pledged some £18.5m as part of the Founders Pledge from Founders Forum for Good."
"A family-owned Newry service station has been named as one of the UK’s fastest growing medium-sized businesses. Fiveways Shop and Service station — which has been run by Colm Meehan (67) for the last 27 years — was among six Northern Ireland firms which made into the Mid-Market 100 list."
"It sounds like the UK is the testing ground for what might become a much bigger and more international business, although sceptics say DueDil will struggle to expand, as few countries have anything like the data requirements that private entities have to provide in the UK."
"UK manufacturing is back in vogue, small firms are trouncing corporate Britain at job creation, and tech firms are booming, according to a new analysis of the UK's top 1,000 private firms"
"London is strutting its stuff as a world centre for fintech innovation to rival Silicon Valley and New York. The first-stage disruptors, challengers and innovators are now established and growing. Government and regulators want to build a better financial system and see technology as the key."
"Fewer than half the successful pitches on BBC hit show Dragons’ Den ever saw a penny of investment, new research has found.ADVERTISING In an analysis of all 143 businesses that successfully won cash on the show between series 1 and 11, just £5.8m of the £13m pledged was ever invested."
"The Prime Minister and Chancellor welcomed the launch of Tech Nation, the first comprehensive analysis of the UK’s digital technology 'clusters'."
"David Cameron and George Osborne today announced Tech Nation, a comprehensive analysis of Britain’s growing tech clusters."
"Brits working in the digital and technology sectors now account for 7.5 per cent of the entire UK workforce, some 1.46m people. Tech is the country’s fastest-growing occupation category."
"Fintech - financial technology - is the segment of the tech scene that’s got traditional banks quaking in their boots.Certain fintech start-ups have grown super-fast and snatched market share in areas like international money tranfers, loans and investment management."
"Brain power, funding options, and the favourable business environment made London one of the top European cities for startups – some might even say it is the place to go.Here are 50 startups you must absolutely know about; up-and-coming or perfectly established, they all come with that distinct London flavour."
"Gavin Wise found himself inundated with orders in the volatile aftermath of the financial crisis, but even that apparently happy state of affairs came with problems. As a supplier to high street “fast fashion” chains, the founder of Webwear was wary about working with retailers that might go under before he’d even had a chance to invoice them..."
Business is booming [for Fredericks] and revenues grew by an average of almost 30 per cent a year for the past four years, propelling it into the top 100 fastest-growing mid-market companies in the UK, a new list compiled by Investec and DueDil, a financial data company.
Compiling a list of the 100 fastest- growing, mid-market private companies is no easy task. Investec teamed up with DueDil, a technology company that organises data about private companies, to create the list based on a few key criteria.
'Working from home, or other locations, is driven from employers as much as employees,' commented Damian Kimmelman, founder and CEO of business information and intelligence firm DueDil. "'Offices are really expensive, if you can build trust with your employees you can reduce costs while offering freedom. It's a win-win situation'.
Transferwise is amazing on FX, DueDil on business information, Satago on credit analytics, MarketInvoice and Platform Black on invoice financing, and many others...
Intertain's audited revenues at February 2013 were £59m with post-tax profit losses of £4.88m, according to DueDil.
DueDil makes company and account information easy to find and buy online. The site was launched back in 2011 by serial entrepreneur Damian Kimmelman... DueDil has gone on to raise $22 million in the last two years. Some of the money raised will be used to bring DueDil's core product to more countries around the world.
Automation is also occurring on the institutional side, which is more palatable to financial institutions. FundApps in London, for example, automates the management of regulatory disclosure and disclosure for investment funds. The due diligence process is also being automated by the likes of DueDil.
Damian Kimmelman, CEO of online document look-up service DueDil, said that London has a unique set of factors that mean financial tech startups can thrive. The US is restricted by a complex banking structure, he said, adding that “there’s an abundance of data in London.”
Today on stage at TechCrunch Disrupt Europe, Taavet Hinrikus from TransferWise, Damian Kimmelman from DueDil, and Jeff Lynn from Seedrs took the stage to talk about the state of fintech startups in London. These companies took us through the current landscape, regulatory issues, and why it’s a good time to build a fintech startup in Europe.
Too many people default to talking about the FTSE 100 as if it’s a genuine proxy for the economy," says DueDil CEO Damian Kimmelman. "A mid-market index is an index for the real economy. The Investec Mid-market Index (MMI) will become a tool for policy-makers, economists and the media, and deepen public understanding of what’s really going on.
Examples of companies in parallel areas, which have had great success in using online algorithms and methodologies include credit scoring market leader Experian, Zoopla, the online property valuation portal that earlier this year listed at a value of close to £1 billion, recently launched DueDil, which is now the largest source of private company information in the UK and Ireland and Nutmeg Wealth Management.
According to research conducted by business intelligence company Duedil and the Centre for Entrepreneurs, companies founded or co-founded by migrant entrepreneurs total 14.5 per cent of all UK businesses and employ 1.16m people around the country.
Company research firm DueDil searched thousands of company records to find the largest firm by turnover in every county and metropolitan area in the UK. Matthew Rock, DueDil editor-in-chief, said: 'What you see in this business map of Britain is a tapestry of talent, a blend of old and new companies, foreign-owned and home-grown, traditional industries and the cutting edge'.
High quality global journalism requires investment. Please share this “Underlying the data, is that technology is growing and attracting more investment worldwide,” said Eileen Burbidge, a partner at Passion Capital, a prolific London-based venture group that has invested in local start ups including DueDil, Thread and GoCardless.
Record numbers of young people are starting businesses, according to new statistics released by data research firm Duedil and small business network Enterprise Nation.
Duedil, Funding Circle, and Nutmeg are doing a great job at disrupting each of the markets they operate in – it’s great to see what they’re up to.
The value is not in the data; it's in the information and insight that's achieved from that. LinkedIn doesn't sell people's profiles, it sells the discovery. It sells the tools on top of the data. And we've taken a very similar approach
new research DueDil is releasing today with Enterprise Nation shows an entrepreneurial outperformance by one section of society: the young.
Tech City UK, along with Duedil, MTM London and Angelist, have launched a short survey as part of their Tech Nation report - the first ever to map UK’s digital capabilities.
“If your customer is another business, you also need to check the creditworthiness of the company and its directors. A great, low-cost way to do this is through business information service DueDil, which I have used occasionally.”
DueDil is more than simply an aggregator of data, although Damian acknowledges this is one part of the model. The clever bit, however, is in understanding the purpose of the data, and what action needs to be taken as,0 a result.
The original Pitch10 event saw the likes of Duedil, Swiftkey and Transferwise pitch to high profile VCs, journalists and leading figures in the tech community at Downing Street.
Full details of the Mid Market 100, an initiative created by Investec bank and data specialists Duedil, will be revealed later in the year but Mr Weir said the company’s inclusion was testament to the company’s strategy.
“Damian Kimmelman, Founder and CEO DueDil, described the manifesto as 'brilliant,' 'imaginative' and 'concise,' adding: 'The Startup Manifesto should be compulsory reading in the corridors of power and in communities across Britain. If adopted, these recommendations would give us the edge we’ll need in a hyper-competitive global economy'.”
“Amongst the founders and start-up CEOs backing the [Coadec Startup Manifesto] initiative are Zoopla's Alex Chesterman, Secret Escape's Alex Saint, DueDil’s Damian Kimmelman, Wonga's Errol Damelin and Moo.com's Richard Moross.”
"Innovate Finance is a new industry organisation that will accelerate the UK's leading position in the global financial services sector by directly supporting the next era of technology-led financial services innovators whether they be young start-ups or established industry players."
"As further validation that British fintech has come of age, a new trade body has been announced to promote the UK's rapidly growing fintech sector. Innovate Finance was launched at fintech accelerator Level39 by Chancellor of the Exchequer George Osborne... Member organisations cover a range of fintech sectors and include TransferWise, DueDil and Nutmeg."
"UK Prime Minister David Cameron played host to the first ever tech startup pitch event on a hot summer day at his residence yesterday, entertaining 10 high-growth tech companies, venture capitalists and angel investors. This was the equivalent of holding a pitch event at The White House."
"Launched in 2011, DueDil is a business- information tool that provides information on private companies and directors. Last March it raised $17m in series B funding and has doubled in size in the last 12 months. In 2013 it introduced its subscription services and now has more than 50,000 paying customers, generating six-figure monthly revenues. New versions of its API allow for improved search capabilities on the nine million companies it holds info on."
"Huddle and DueDil amongst businesses selected to pitch to audience which included Eileen Burbridge and Joanna Shields OBE"
"And what of the impoverished start-ups they [Downing Street] picked [for Pitch 10]? These include Mimecast, which already has around $90m in funding, and Swiftkey, with $20m in the bag. Certivox has raised more than $17m, and Transferwise and DueDil have quite a few existing backers, too."
"This announcement actually makes our life better because it allows us to move on to the more important issues of contextualising that information, linking it together, helping people to analyse it, and making it useful."
"Damian's passion is private companies and the myriad amounts of data they contain that is both hard to find and extremely valuable. He has positioned DueDil to be the gateway to that information in the UK because as he says, "Public companies are boring."
"Public markets have become boring because there is so much information available to both buyers and sellers, says Damian Kimmelman, CEO of DueDil, speaking at Wired Money."
"Mais cette société n’est pas la seule sur le créneau de la finance en ligne à grandir au coeur de la City londonienne. On pense par exemple à Transferwise, DueDil, ou Zopa."
"Existing investor Tim Draper believes that of those businesses, which include Transferwise, DueDil, and Zopa, Nutmeg are “among the very best”."
"Companies founded or co-founded by migrant entrepreneurs total 14.5 per cent, or one in seven of all UK companies, according to research conducted by business intelligence company Duedil and the Centre for Entrepreneurs."
"The Royal Society, in partnership with the Science Museum and Silicon Valley comes to the UK (SVC2UK) is monitoring a growing list of 375 ‘’fast growth’ Science Based companies. This is the just beginning – we plan to watch this list over time and provide regular updates of the Science 50."
"London’s multiculturalism was supported by the immigration policies of the 2000’s. It brought to the UK the founders of Seedcamp, Connect Ventures, TransferWise and recently DueDil."
"Damian Kimmelman, serial entrepreneur and founder of DueDil, was presented the International Entrepreneur of Year award."
"London’s FinTech start-ups have also experienced huge levels of investment and growth, benefiting from the City’s status as the financial capital of the world."
"The current hostility towards immigration is frequently based on skewed facts and false assumptions. The tech industry can play a big role in creating a more balanced conversation."
"American entrepreneur Damian Kimmelman took the Entrepreneur of the Year accolade at last night’s ceremony, in recognition of his achievements as founder of Startups 100-listed company financials index DueDil."
"The four speakers came from business search website Due Dil, holiday rental site House Trip, e-tailer Secret Sales and online loan marketplace Funding Circle and spoke about how they have cultivated the London tech landscape to raise more than £150m between them."
"Entrepreneurs from Duedil, Transferwise and YPlan were among the winners of the Tech City News International Hall of Fame awards last night. Secretary of State for Business, Innovation and Skills Vince Cable MP closed the event and presented our International Entrepreneur of the Year award."
"Duedil aggregates company information from Companies House, credit ratings agencies and other sources from 22 countries and provides it for free or through a subscription service or API. Received seed funding from Passion Capital and angels. In March it raised a further $17 million from Oak Investment Partners, Passion Capital and Notion Capital, bringing total funding to $22 million."
"Damian Kimmelman, serial entrepreneur and founder of business information platform DueDil, also received the International Entrepreneur of the Year accolade."
"The London Technology Week Special of the Tech Founder Talks will... It will feature a panel discussion from five of London's most successful startups comprising Hailo, Funding Circle, Housetrip, Duedil and Secret Sales, who have raised over £220 million between them and could be an interesting one for some tips"
"Tech London Advocates has identified 10 fast-growth businesses that are going to form the next generation of London tech powerhouses – including DueDil, Unruly and GoCardless; this week can help catapult these companies to even loftier heights."
"Shakil Khan is an investor in BitPay, Spotify, SecondMarket, Top10, Duedil and YPlan. A serial entrepreneur, he was part of the founding team at buy.at, and he recently founded bitcoin news site CoinDesk. Wired.co.uk caught up with him before his Q&A talk at Wired Money on 1 July."
"In this issue we celebrate the contribution of migrant entrepreneurs to Britain’s tech scene. American Damian Kimmelman, founder of DueDil, is our cover star for this issue. Having just raised an impressive £17m series B funding round, DueDil show no signs of slowing."
"American Damian Kimmelman, founder of DueDil, is our cover star for this issue. Having just raised an impressive £17m series B funding round, DueDil show no signs of slowing."
"Damian Kimmelman, serial entrepreneur and founder of DueDil was also presented the International Entrepreneur of Year award by Vince Cable, Secretary of State of Business, Innovation and Skills."
"The first ever London Technology Week (Monday 16th - Friday 20th June) is set to showcase the capital's tech strengths with some of the most famous names in the sector taking part."
"MPs, founders, investors and VIPs, both international and British, will be in attendance. These will include Taveet Hinrikus, founder of Transferwise and Damian Kimmelman, founder of DueDil as well as many others."
"At Playfair, we’re bullish on this theme [large-scale data-driven software]. We were the first backers of DueDil (the data backbone of business), and have invested in the likes of OP3Nvoice (the API to search for audio/video) and 3Sourcing/PeopleGraph (the search engine/API for people)."
"Wired Money will bring together the new breed of startups taking on the incumbents and the bold thinkers rewriting the rules of money -- from digital currencies and online reputation to mobile money and digital wallets."
"Piggy-backing on the API’s of LinkedIn and Duedil allows Founders4Schools to drive their costs down to pretty much zero for providing the service. Founders4School’s service allows teachers to contact a founder for free because there are no costs associated with locating the founder."
"The next batch of speakers have been confimed for Wired Money, the one-day summit tackling data democratisation and borderless finance, on 1 July... Newly confirmed speakers include... Damian Kimmelman, internet entrepreneur and founder of financial data company DueDil, the largest source of free private company information in the UK and Ireland."
"If you calculate the average turnover per company, £247,000 for Tech City, whereas Cambridge had £1.54mn per company. Just based on that raw data (provided by DueDil), wouldn’t you say that Cambridge in many ways is more effective in driving the economy forward?"
"The Economist has crunched the numbers for 34 clubs that played in the top division between 1996 and 2014. The link between the amount spent on wages and the number of points won is strong (see chart)."
"Barclays investment banking division expanded rapidly after Barclays bought Lehman Brothers out of bankruptcy in 2008... The unit still accounts for more than half of Barclays’ total assets and today’s plan is about reducing that ratio."
"Damian Kimmelman, founder and chief executive of DueDill states that his experience as a company boss is that, 'migrant entrepreneurs are hyper-productive, net contributors to the UK economy'."
"Katie Price’s own fashion label – Day 22 doesn’t seem to be doing so well. Maybe it’s too early to judge its performance, but the company behind the brand – Day22 Limited has a net worth £64,716 in the red."
"According to the letter, Caffe Nero made a profit of £21.1 million in profits, yet paid nothing in Corporation tax, which here in the UK stands at 21% for companies with profits above £1.5 million."
"Vanessa Warwick, founder of property community Property Tribes, said: 'Put the company or individual's name into Google, followed by 'scam' to see what comes up. You can also use DueDil.com to check a company's financial health and research its directors' track records'."
"London is suffering a chronic shortage of talent exacerbated by tight migration laws for skilled overseas workers, according to Tech London Advocates (TLA)... Among the companies questioned about recruitment were business information company DueDil."
"The Centre for Entrepreneurs (A Legatum Institute organisation) and DueDil report that 14 percent of all UK companies are formed by foreign nationals. This, the Twittersphere claims, trashes UKIP's poster claiming that jobs are stolen by foreigners, not created by them. This assumes that most/many/all? of these companies actually include anyone but the founder. But even if they do, where do these foreign nationals come from?"
"... the commercial opportunities afforded by the free movement of people and capital is one of its [the EU's] strengths not weaknesses. Last month, research from the Centre for Entrepreneurs think-tank and fintech pioneer DueDil showed that one in seven UK companies have been founded by migrants."
"I love it when people do try to present the case *for* the EU. They deliver all the data required to rip their case to shreds..."
"The v3 DueDil API turns the CRM problem on its head, by enabling customers to embed – and then automatically update – the UK and Ireland’s largest source of private company information (9 million UK companies and 15 million directors) inside their operations."
"A survey of [Tech London Advocates] members, found that 43% said a shortage of talent was the single biggest obstacle to growth, while 10% pointed toward immigration legislation which has failed to keep pace with the times."
"The likes of DueDil, Funding Circle, Unruly and TransferWise are leading the charge in London, but new startups like YPlan and Quill have enormous potential too."
"DueDil, the platform with information on over 9 million UK businesses and 15 million directors, has announced that the third version of its API for developers wanting to integrate the business look-up service".
"The [API] release is looking to fix the age-old problem of managing customer information in CRM systems by enabling DueDil users to embed and then automatically update the DueDil platform inside their own operations.
"Available now, the newest API includes DueDil’s advanced search features, allowing users to define customer and potential customer profiles based on filters like growth rates, location, size and more."
"While the internet has liberated knowledge in many spheres of life, university libraries still have to pay vast sums of our money to a handful of publishers to access the latest printed journals."
"The impact that migrant-founded businesses have on UK job creation cannot be ignored. These firms employ 1.16 million people and are responsible for a staggering 14% of total SME job creation. We ignore these figures, and this opportunity, to our cost."
“Among the business community, there is an understanding that migrants are often very productive people,” comments Matthew Rock, editor-in-chief at Duedil. “I think what happens though, in the public realm of popular newspaper and news agenda on radio and TV, is that something changes and much more suspicion and doubt enters into the argument.”
“Data from Companies House, compiled by DueDil, shows that 8,745 businesses in the technology and services sector were created in the past three years in SE1, the postcode for Southwark, more than double the 3,137 businesses created during the same period in EC2A, which contains Shoreditch.”
“Until November 2013 Ascenta was called High Altitude Engineering. It has about £220,000 in liabilities, according to online records kept by DueDil”
“It was ironic that in the same week that I was enticed to consider leaving Britain, our think-tank, the Centre for Entrepreneurs, published a ground-breaking report into migrant entrepreneurs coming to this country. Thanks to our partner, DueDil, we showed how such immigrants are behind one in seven UK companies.”
"If a landlord wants to opt for a rent-to-rent or guaranteed rent service, they must understand the credentials of the guarantee. Has the company a track record of running this scheme? What is their financial health? This can be ascertained free of charge from a site like DueDil.com.”
“Brighton and Hove has become a magnet for thousands of foreign people moving here to start a business. A total of 2,915 firms have been started here by those born outside the UK, new research shows. The report by the Centre for Entrepreneurs and business data firm DueDil claims one in seven businesses now created in the UK are founded by residents born overseas.
“ London is fighting back. A number of funding rounds have came in recently, attest to this trend, and it’s worth us taking time out for a moment to just register that ‘what just happened’ moment in three key stories… London-based company data source DueDil, which took in a $17 million in a Series B round led by Oak Investment Partners with participation from existing investors Notion Capital and Passion Capital.”
“According to Companies House records provided via Duedil, in September 2013 the company [Ovivo Mobile] had cash of £10,000 and other assets of about £6,000 but liabilities of £511,000 - giving it a negative net worth of £453,000.”
“Through mentorship, investments, and co-working [Eileen] Burbidge is making a big impact in the UK's cosy tech world. The software engineer turned investor is one of a trio of partners atPassion Capital, a London-based venture capital firm that has invested millions of pounds in a dozens of start-ups, including Lulu (thatcontroversial app that lets women comment and rate the men they know), and innovative financial services, like TransferWise, GoCardlessand DueDil.”
“DueDil’s findings are intuitively exactly what you would expect. It is no accident that the most dynamic economy in history, the United States, is entirely immigrant-based. A large part of America’s economic success comes from the new ideas, new ways of doing things, energy and determination to succeed that the newly arrived bring with them.”
“DueDil founder Damian Kimmelman, himself an American, said: ‘This game-changing research proves that migrant entrepreneurs are hyper-productive, net contributors to the UK economy’.”
“Migrant entrepreneurs are behind one in seven of all UK companies, an investigation has found. According to research from the Centre for Entrepreneurs think tank and business information experts DueDil, nearly half a million people from 155 countries have settled in the UK and launched businesses.”
“The silence around the contribution of immigrants is mainly down to a lack of hard evidence. So yesterday we launched a report called Migrant Entrepreneurs: Building our Businesses, Creating our Jobs, with the Centre for Entrepreneurs, to examine for the first time Britain's real immigrant economics.”
“Damian Kimmelman, the founder and chief executive of DueDil, noted that immigration was one of the UK’s most emotive topics and that opinions were rarely informed by evidence.”
“Immigrants are good for jobs. Yes, you’ve read that right: even though much of the public believes that migrants depress the labour market, the truth is that foreign entrepreneurs are actually responsible for a great number of British jobs. Without these migrants, there would actually be fewer opportunities for locals and far fewer start-ups – that is the remarkable conclusion from a report today from the Centre for Entrepreneurs and DueDil.”
“Migrant Entrepreneurs: Building our businesses, creating our jobs showed that migrant-founded companies are responsible for creating 14pc of all jobs among companies turning over between £1m and £200m – the small-to-medium sized enterprise (SME) sector.”
“Foreign-born entrepreneurs are "hyper-productive" and behind the creation of one in seven UK firms, according to a study by the Centre for Entrepreneurs think-tank and financial tech firm DueDil.”
“There are currently 456,073 migrant entrepreneurs in the UK, representing 155 nationalities, according to a report by think-tank the Centre for Entrepreneurs and business data firm DueDil. The study found that entrepreneurial activity amongst the migrant community is nearly double that of their UK counterparts, with 17.2% of migrant workers having started their own business, compared to 10.4% of UK-born individuals.”
“Launched in April 2011, the firm provides access to private data on companies and executives on a freemium model to help enterprise and individual customers make decisions in real-time. The firm pulls in company data from sources including Companies House including everything from stock information to mortgages and accounts, as well as data on executives ranging from their birthdates and nationalities to previous aliases.”
“The cash came from existing investors Notion Capital, Passion Capital and round leader Oak Investment Partners, and it comes on top of the $5m I reported on in April last year. In those 10 months, the “real-time decision intelligence” firm said, it has gained traction among most of the FTSE 100 companies.”
“DueDilfounder and CEO Damian Kimmelman is a fully-rounded, confident founder who has today raised a $17 million Series B financing round, led by previous investor Oak Investment Partners. The funding round was also supported by existing investors Notion Capital and Passion Capital. The new capital will be used to boost DueDil’s product and expand into new countries.”
“In a little under three years, DueDil’s 40-strong team of developers has compiled the largest single collection of data on businesses in the UK and Ireland, attracting close to a million users”
“According to a DueDil analysis of the FinTech 50 (a list of the most disruptive brands in fintech), the combined turnover of the UK firms is about £408m (albeit dominated by Wonga’s £309m). Those companies that file accounts also have £274m in net worth.”
“DueDil, the firm behind today's Doge advert in the Guardian has revealed to PCR that it was printed because they ‘thought it would be funny’.”
“Social media users are ripping themselves to pieces in hysterical confusion over a very mysterious advert published in today's Guardian.”
“The Guardian has today given a quarter page to the Doge meme in its financial pages. According to Buzzfeed, the advert was published on behalf of DueDil, a business data company that won a Guardian Small Business Networks competition. The winning prize was an advert in the paper, and DueDil decided to use this opportunity to, err, print a Doge meme.”
“Social media users are ripping themselves to pieces in hysterical confusion over a very mysterious advert published in today's Guardian.”
“[The doge] ended up in the financial pages of the paper thanks to a business data startup called DueDil, which won a competition run by the Guardian small business network. ‘We were surprised that the Guardian would let us do it,’ explains DueDil's chief executive, Damian Kimmelman. ‘We got the £50,000 [of advertising space, the prize in the competition] and we were like: ‘Oh crap, how are we going to spend this money?’ We debated, and decided on Friday we were going to do something funny. We don't really need the advertising anymore, we get enough traffic as it is’.”
“So why did DueDil choose to use doge as their advert?... ‘We don't advertise ourselves. But maybe somebody else does. We've opened it up as a competition for a small business that wants the rest of the advertising, which is really what's in line with DueDil. If we get exposure for a small business who really could use it, then I think that would be really cool’.”
“Sure, we never thought we'd live to see the day Doge showed up in a national newspaper, but the whole idea is pretty hilarious if you think about. Thanks for the lulz, DueDil.”
“In what could prove to be a genius piece of advertising, a start-up company called DueDil had won the space in a competition run by The Guardian's own small business network. As part of its prize, the company received the ad space in the newspaper but decided to take it in a completely different direction.”
“Doge is one of our current favorite memes, and it's even inspired its own cryptocurrency. Now this delightful Shiba Inu has also inspired business data company DueDil to take out a mysterious quarter-page ad in the financial section of The Guardian.”
“An unexplained advert in today's Guardian financial pages has got Twitter into a stir. The newspaper has given a quarter page to the doge meme, a joke that has gained huge popularity in recent months since its inception in 2010. Featuring a shiba inu and some nonsensical phrases ‘pls red’, ‘much 4mal’, ‘so print’, and ‘wow’, the meme plays on depicting the thoughts of a cute doge. There's no clue as to what the advert is for or who has paid for it. It may have just been used as a filler ad—for where a slot hasn't been filled.”
“That's right. The print media has finally done a doge. There's no clear advertiser, leaving readers quite confused.”
“[DueDil] primarily caters to startups in the U.K.—it may not even need to scale to the U.S. in order to rake in revenues... DueDil recently raised $5 million, which it will use to expand its service throughout Europe. It will focus initially on countries that tout an open-data policy.”
“According to DueDil, a startup that collects information about other companies, DeepMind has somewhere between 50 and 75 employees. Re/code estimates the company has raised $US50 million but DueDil shows its cash on hand at $US23 million. Investors include Founders Fund, Horizon Ventures, Skype co-founder Jaan Tallinn and Elon Musk.”
“I'm also told that DeepMind’s co-founder, Demis Hassabis, who I understand may have made as much as $100 million out of the exit, is extremely charismatic in person—one industry insider described the former chess child prodigy as having ‘Reality Distortion’-styled abilities...”
“According to data from Duedil, the Elon Musk Revocable Trust had a small interest in the company [DeepMind]. Based on data from their last returns to Companies House, Duedil reported the company’s net worth at £14.1m.”
“The large credit reference agencies are geared up to provide data on large companies, but offer a very narrow set of analytics. DueDil.com, however, promises much more—and can provide intelligence on a much larger number of businesses.”
“The UK, and London in particular, is really punching above its weight in the global FinTech innovation arena... DueDil is a one-stop shop for business information, intelligence and analysis.”
“Brits do seem to be catching the entrepreneurial bug and more than 500,000 new businesses were created in 2013. Young people increasingly want to start their own company.”
“Where there's transparency, there's trust. And, most important, there's predictability. Counter-parties can take safer, more calculated decisions. Market inefficiencies reduce. On a wider scale, open information creates markets and builds prosperity.”
“The annual report (provided to Ars by financial research firm DueDil) seems to cover most of Canonical's business, though.”
“Companies like Calcbench, DueDil, and Analytix Insight that are giving investors more comprehensive, current, and in-depth information on companies by combining financial data from agencies like the SEC and data from other sources.”
“Startups: one to watch—DueDil collects, sorts and distils company information from around the web using analytics and visualisation, taking advantage of open data policies in the UK and Europe.”
“Usage of XBRL [eXtensible Business Reporting Language] and data about publicly funded companies, sites like Duedil in the UK and OpenCorporates, are looking at corporate transparency. There is a lot of movement towards opening up disclosures of social and environmental impacts. It's really bringing about major changes. There's a lot of opportunities for analysis and insight.”
“It's also great to see three fintech companies [TransferWise, GoCardless and Duedil]. It goes to show that London attracts not only today's important financial players, but tomorrow's too.”
“Europe is on a roll. Here are the 100 companies causing the greatest buzz, according to the local commentators, investors and entrepreneurs we surveyed.”
“In Britain, we have a company at the forefront of this new wave of innovative talent: DueDil is re-imagining how we consume, analyse and act on data.”
“Business has been too slow for too long, says Damian Kimmelman, founder of the disruptive data business Duedil. With the internet barely 20 years old, there’s much more anarchy to come. He talks of challenger businesses moving into markets quickly, like fast-expanding suns.”
“How can you calculate the goodwill value if, for example, you don’t have a handle on the parameters of their intellectual property? Duedil has it.”
“Can you find someone who has already done an internship there to give you some insight? You could even use sites like duedil.com to find out about the company's financial strength.”
“The Founders Pledge scheme is being led by Damian Kimmelman, director of financial information website Duedil.com, who said he is in talks with investors and other business owners to establish the initiative.”
“Duedil API widens its reach with company information from 20 additional countries across Europe.”
“Private business information service Duedil (short for ‘due diligence’) today announced that it is making data on companies in 20 new countries available to businesses and developers through the Duedil API.”
“Developers can now access financial and director data on companies across Europe through Duedil’s API.”
“Data provided to The Irish Times by Duedil, a company-data group, raises questions about how well the sector is regulated, with multiple directorships and companies registered to the same address.”
“Using the example of work the Guardian did on offshore data, taken from company data platform Duedil, Ball said the investigation was carried out by 40 news outlets worldwide.”
“Duedil was founded in October 2010. It's building out a free database of information on private companies, including their financial information.”
“We didn't want to approach the funding while achieving small to no returns," founder Damian Kimmelman explained how essential the decision was to gaining the huge funding. "We wanted to be a real business.”
“Duedil has raised $5 million for its platform that uses open data to help companies conduct due diligence.”
“Duedil, the business behind the mapping of London's Tech City, has attracted investors including Notion Capital and Oak Investment Partners to contribute to its Series A funding.”
“The Duedil tool lists company information such as accounting data, any legal issues that company has run into, backgrounders on the directors at that company and more.”
“Duedil’s online business information platform thus enables its clients to make informed decisions when evaluating any type of deal with other companies, manage risk and identify new opportunities.”
“One of fund's investments, Duedil, is disrupting the business information market, making previously difficult to access data accessible and relevant.”
“Want to see how open data translates into new business models? Look to the London-based fintech firm Duedil, which has just completed a $5 million Series A round of funding.”
“As the interest in data organization booms, Duedil offers a focused and cleanly presented product in a valuable area – information about private business.”
“Data obtained from the corporate information service Duedil reveals 177,020 companies have listed directors in jurisdictions such as the Channel Islands, British Virgin Islands, Cyprus, Dubai and the Seychelles.”
“London dominated multiple categories at the recent Europas, Europe’s tech start-up awards, with UK companies such as GoCardless, TransferWise, Duedil and Wonga sweeping the board.”
“Damian Kimmelmann, founder and CEO of business information and intelligence firm Duedil disagrees that London can ever truly rival California, but he says there are advantages to being in Europe.”
“DueDil holds 20 years of financial history, contact information, full corporate structures, director timelines, and litigations on every company in the UK and Ireland.”
“With 20 years of financial history of UK-registered companies made easily searchable, on Duedil you will get anything from a free credit report to intellectual property records, and many business choices will become much less of a gamble.”
Highly Commended: Best Business, Recruitment or Enterprise Startup
“Open data, employed in combination with open platforms, such as APIs (Application Programming Interface), open standards and open licences, expands the network of minds and unlocks the data's latent potential.”
“Data for the study was provided by organisations including Duedil, Linkedin, the University of Cambridge and leading Cambridge trade bodies.”
“It’s a business journalist's dream. A free-to-access, database of company information that is damn easy to navigate. Duedil (a play on due diligence) aggregates information from various sources such as Companies House and credit ratings.”
“I think one of the most important things you can do in a start-up is really learn how to make mistakes quicker and extended successes... to be able to make mistakes that won’t cost you your business and learn how to figure out what is going right.”
“The platform — which aggregates data from sources including Companies House and credit ratings — allows users to search a business's latest accounts, shareholder structure and the background of company directors.”
“Young people have been hit hard by the economic crisis, with youth unemployment in Britain now above 20 per cent. Starting a business is an increasingly popular alternative to trying to make it in the rat race.”
“The Duedil API allows developers to access and integrate the Duedil functionality and data with other applications. Some example API methods include searching companies and retrieving company information.”
“Rich data behind Cambridge2U map has been provided by professional social network LinkedIn, business information database Duedil, the University of Cambridge, Cambridge Angels, and leading Cambridge trade bodies. Companies are displayed on the map using graphics akin to an online Monopoly board, with the number of employees within a company represented by ‘office blocks’ increasing in size according to staff numbers.”
“The idea is that businesses will use the Duedil API to to find the best customers and shorten their sales cycles. Damian Kimmelman, CEO of Duedil announced that they had partnered with the API aggregator Mashery to deliver the API.”
CEO, Damian Kimmelman, nominated as one of Top 50 entrepreneurs to follow on Twitter.”
“We got the data via Duedil, which has made getting hold of financial information from company reports an art.”
“Duedil [...] has built a system which allows users to search all of a company’s information, from its latest accounts to its shareholder structure and directors’ backgrounds. What makes it different from the Companies House website is that it is free, as well as being easier to use, and allows you to refine searches and compare businesses with their rivals.”
“Adzuna said such data, processed with the help of analytics firm Duedil.com, has never before been released.”
“What skills are startups looking for in a new hire? In terms of job areas, 33 percent of vacancies are for developers followed by 25 percent marketeers. Product managers trail in at 13 percent implying that marketing your startup product is more important than designing it well.”
“Corporate sector open-data experts from Duedil have analysed data on UK business closures between 2001 and 2011 to develop a breakdown of its impacts by region, by sector and over time.”
“Analysis of more than five million firms between 2007 and 2011 by company information specialist Duedil, released on Thursday, showed 2009 scored a record high for the number of company closures.”
“With Britain currently in a double-dip recession, Damian Kimmelman, chief executive of Duedil, said lessons must be heeded. “Regardless of the economy's specific route to recovery, it is obvious that there is a pressing need for clearer understanding of the country's business landscape.”
“Duedil recently hired Naaman Tammuz, who recently graduated with a PhD in Atomic Physics from the University of Cambridge, and Ahmed Medhat, who graduated from Oxford University and is focusing on developing machine learning and network analysis techniques to extract greater insight from Duedil’s data.”
“The London-based company has raised more than £1m in funding from a number of investors including Ms Coutu and existing backers Passion Capital and Wonga co-founder Jonty Hurwitz.”
“A groundbreaking web resource has been created to promote the Cambridge UK technology cluster to a world of new business.The not-for-profit initiative is spearheaded by The University of Cambridge, Cambridge Enterprise, SVC2C, Trampoline Systems, Cambridge Angels, Cambridge Network, Duedil, Startup Intelligence, One Nucleus, Venture-Valuation and Linkedin Corporation. Business Weekly is the media partner for the project.”
“Duedil gives free access to governance and financial information for every company in the UK and Ireland, and combines this with data from online sources, APIs, social networks, and more. Duedil was launched in April 2011, by entrepreneur Damian Kimmelman. Since April the team has grown from six employees to fourteen.”
“The economic contribution of these new businesses will overtake the contribution from open government data alone. Several examples point to such a powerful economic impact: for instance, in late 2011, Duedil, an open data start-up, was valued at around £20 million by investors keen to acquire the company.”
“The goal is to create a compelling narrative on every company in the UK. When data is beautifully presented & digestible, it becomes intrinsically compelling.”
“His free service offers inside information on every company in the UK and Ireland, and their directors, based on a combination of public records and 900 news websites. Ten billion pieces of information on everything from litigation to financial results and credit checks are indexed and presented in an easily digestible format that comes complete with 'red flags' - the first step on the long road towards a reputation system for businesses.”
“This British start-up is worth watching for its free content, scope of coverage, intended expansion plans, and established financial backing.”
“A blog post by financial services company Duedil, which blew the whistle on the “real tech startups” in the area, said that it had identified only 250 digital companies of high growth and a strong sense of technology orientation.”
“The data derived from Duedil's research shows that the scene has proven impressively recession-proof.”
“According to a new study by Duedil, a free online database of UK company information, there are closer to 250 'hard core' tech companies in London.”
“Founded just six months ago, 29-year-old Damian Kimmelman's Duedil now stands proudly as the largest database of free company financials in the world.”
“Duedil is the first company to bring all this information together on one site free of charge.”
“Increasing business intelligence is the clever thing to do. Using computing power to make sense of vast tracts of data from different sources and present the results in a readily digestible way.”
“Public data's Desert Island challenge: which dataset would you pick? Again and again it's important to know just what sort of company you're doing business with.”
“A crowdsourced due diligence system, based on reviews of companies that are published publicly.”
“A fully featured, incredibly slick search engine for information about businesses and the people who run them.”
“Make business data super simple to find and understand, keeping connections social and ultimately free. Think of the service as one of the first steps toward building a true reputation system for small and medium sized businesses.”
Tech start-ups reveal cost-cutting tips. Duedil CEO Damian Kimmelman gives tips on how to save money, as a business.
“A Lexis-Nexis-meets-Google-meets-LinkedIn style of service that aggregates public data on companies from a variety of databases, then uses that to create new metrics to indicate how solvent or successful the business is and will continue to be.”
Duedil founder Damian Kimmelman talks about online reputation websites with SmartMoney.
“Learn all kinds of information about companies you want to do business with.”