Duedil
| Web address |
www |
|---|---|
| Registration | Required (free) |
| Available in | English |
| Launched | April 2011 |
DueDil is a due diligence tool and online company database which provides business, accounting and director information on businesses registered in the UK & Ireland.[1]
Services and products
DueDil is an aggregator, pulling in data from various sources and digitizing it.[2][3] Company search results yield contact information, financial data, mortgages, financial graphs, stock quotes, investments, red flags,[4] litigations, group structure and downloadable accounts from Companies House.[5][6] People search results show individual director profiles, including full name, birthdate, nationality, known aliases, timeline of current and previous directorships, along with social data.
DueDil features include a ‘follow’ function that allows users to track and receive updates on companies of interest, detailed company and director search filters, accounting ratios, financial accounts estimators, and integration with social networks, that enables users to view the financial details of all the companies their connections work at.[7]
DueDil follows the freemium business model, with charges for premium services.[8] In April 2014, it was reported that DueDil had released the third version of its API to allow developers to integrate the service. [9]
History
DueDil was founded in August 2009 by American entrepreneur, Damian Kimmelman. The company launched at TechCrunch’s ‘GeeknRolla’ conference on 21 March 2011, winning ‘Best Startup’.[10]
Since then DueDil has been nominated for numerous startup company awards, including being shortlisted for two Guardian Digital Innovation 2012 awards,[11] finalist in the Orange Innovation Award in the National Business Awards 2012,[12] and named as one of '31 to Watch' in Outsell’s Information Industry Outlook 2012: Break and Reset report.[13] The UK government’s Cabinet Office transparency team has cited DueDil as a business providing innovative services using open data, in Deloitte’s ‘Open data: Driving growth, ingenuity and innovation’ report.[14][15][16][17] In June 2014, Damian Kimmelman was named 'International Entrepreneur of Year' at the inaugural Tech City News Hall of Fame awards.[18]
In March 2014, a number of publications reported on research released by DueDil and the Centre for Entrepreneurs into levels of company formation by immigrants in the UK, specifically that migrant entrepreneurs have created one in seven UK companies.[19][20][21][22][23][24][25]
DueDil is financed through venture capital at an undisclosed amount. On 14 August 2012, it was announced that DueDil had added Sherry Coutu and Tom Hulme to existing investors, Passion Capital, Jonty Hurwitz, and Federico Pirzio-Biroli.[26]
On 11 April 2013, it was announced that DueDil had raised $5 million in Series A funding from a variety of investors, including Notion Capital, Oak Investment Partners, Passion Capital, and Spotify investor Shakil Khan [27]
On 3 March 2014 it was announced that DueDil had raised $17 million in Series B funding from existing investors including Oak Investment Partners, Notion Capital and Passion Capital, to develop new products.[28] In April 2014 Paul Scott was recognised as technical co-founder.
In October 2014 Damian Kimmelman was among the 1000 most influential Londoners by the London Evening Standard.[29]
See Also
References
- ↑ "Duedil powers ahead with extra data for journalists" Bobbie Johnson, Gigaom. Jun. 17, 2011
- ↑ "Duedil makes business transparent, shows you who you can trust". Matt Brian, The Next Web. 30 May 2011
- ↑ "Can big data in finance lead to new metrics?". Stacey Higginbotham, The New York Times, 18 March 2011.
- ↑ "Welcome to the reputation economy". Colin Brown, CNBC. 3 Jan 2012
- ↑ "Increasing business intelligence is the clever thing to do" Richard Tyler, The Daily Telegraph, 17 Sept 2011
- ↑ Duedil ‘Features’ page. Duedil website, 2011
- ↑ "Ten LinkedIn tips for journalists". Sarah Marshall, Journalism.co.uk. 19 Jan 2012
- ↑ "" Smarta. 15 April 2013
- ↑ "" Ben Woods, The Next Web. 8 April 2014
- ↑ "GeeknRolla – Duedil wins startup competition" Mike Butcher, TechCrunch EU. 21 March 2011
- ↑ "Guardian Awards for Digital Innovation 2012 shortlist". The Guardian. Retrieved 2012-05-08.
- ↑ "Duedil backed to open up company information". The Daily Telegraph. 14 Aug 2012
- ↑ "Information Industry Outlook 2012: Break and Reset". Anthea Stratigos, Outsell. 22 Dec 2011
- ↑ "Meet ten of the UK's brightest young entrepreneurs". The Daily Telegraph. 8 Nov 2011
- ↑ "Service Business of the Year, Duedil". Startups.co.uk. Retrieved 2012-05-08.
- ↑ "PeerIndex wins The Grand Prix as The Europas Awards drifts Eastwards ". Mike Butcher, The Europas. 18 Nov 2011
- ↑ "Open data: Driving growth, ingenuity and innovation". Deloitte. Retrieved 2012-08-10.
- ↑ "" Tech City News. 18 June 2014
- ↑ "Here's why migrants want to come to Britain". The Daily Telegraph. 6 March 2014
- ↑ "Migrant entrepreneurs have set up one in seven UK companies". The Independent. 5 March 2014
- ↑ "Migrant entrepreneurs prove their worth". Reuters. 11 March 2014
- ↑ "Migrants set up one in seven UK companies, study reveals". Financial Times. 4 March 2014
- ↑ "Migrants create highest number of jobs in UK". Times of India. 6 March 2014
- ↑ "Manchester is hotspot for migrant entrepreneurs". Manchester Evening News. 26 March 2014
- ↑ "Britain is in debt to a new generation of foreign entrepreneurs". City AM. 5 March 2014
- ↑ "Duedil raises another financing round for its free company data platform" Mike Butcher, TechCrunch. 14 Aug 2012
- ↑ "" Robert Cookson, Financial Times. 11 April 2013
- ↑ "" Mike Butcher, Tech Crunch. 2 March 2014
- ↑ "http://www.standard.co.uk/staticpage/the1000/"