The #1 big data platform for the financial services industry
RavenPack is a leading big data analytics provider that helps financial professionals analyse large amounts of unstructured content.
The company’s products allow clients to enhance returns, reduce risk or increase efficiency by systematically incorporating the effects of public information in their models or workflows.
RavenPack is a high growth company with more than 100 customers worldwide, including the most successful hedge funds, banks, and asset managers in the world.
With over 50 developers, data scientists, and business professionals, the company has offices in New York, London, and Marbella.
Privately financed to date, RavenPack has announced on March 21, 2017 a USD 5m investment from Draper Esprit, one of the largest and most active VC firms in Europe, listed in London.
The money raised from Draper Esprit will help the company double the size of its team, further develop its flagship big data analytics platform, and reach new verticals within financial markets.
On the same day, RavenPack also announced the launch of a ground-breaking new product, a self-service data and visualization platform that allows users to monitor market-moving events, and quickly surface insights by combining a wide variety of data sets, including stock prices, geopolitical events, newsflow, social media activity, payments data, weather, apps, and data from the internet of things.
“Receiving the backing of one of the largest and most active VC firms in Europe is a strong validation of our vision to help people make better decisions using big data. We feel very fortunate and grateful to have had the opportunity to work with the Stella EOC team who helped us find the right investor for our company, and eventually structure, negotiate and finalise this fundraising.”