TheDataCity.Com

The Data City is a tech company up that creates the best lists of companies in the UK’s emerging economy.

What they do❓

Provide comprehensive, up-to-date lists of companies in the #UK's new economy. They fffer a unique industrial classification system that reflects what companies actually do, not just their registered SIC code.

🔑Key Features!

• Web-Based Classification: Classifies companies based on their online presence.

• Detailed Data: Includes employee numbers, location, turnover, and up to six years of financial history.
• Powerful Tools: Offers exploration, analysis, and mapping tools for companies and their data.

So, instead of classifying companies by the SIC code that the company chose when it registered, they classify companies by what they say they do on the web!

Then they add data on how many people a company employs, where it operates, what its turnover is, and much more, including up to six years of historical financial #information.

Finally, they help you to explore, analyse, and map those companies, their finances, and their activities using our unique tools.

They are doing it by:

• Working in the open 🤝
• Publishing what they do as they do it 📰
• Using open data and the open web 🌐
• Crowdsourcing input 🧑🤝🧑
• Making friends and being helpful 🤗

Who benefits:

• Policymakers 🏛️
• Economists 📈
• Investors 💰
• Analysts 📊

Behind the build! 🏗️

Alex Craven

CEO/FOUNDER

A philosophy graduate, Alex has been running digital and tech businesses since 1999. Alex thrives on turning technology innovation into businesses that transform industries. Husband and father of three he enjoys being fit and Rum.

Tom Forth

Co-founder/CTO

Tom leads the team that builds and maintains the Data City's data infrastructure, platform and products. He manages the team responsible for data quality and data analysis. Tom is also Head of Data at Open Innovations.

Paul Connell

Founder/Executive Chair

Paul co-founded The Data City as a spin out from Open innovations in 2017 with the mission to create a software business that used open data the power of the web and machine learning and AI to help people, business and organisations use real time data to answer their questions about the economy and #KillAllreports.

His primary role as Executive Chair at The Data City is to provide the drive, direction and purpose for the business and support the executive team as the business grows rapidly.

Meet the key members: https://thedatacity.com/about-us/meet-the-team/

Company's Foundation!👇

The Data City rapidly scaled its technology, gaining early support from KPMG . Two years later, they lead in providing real-time industrial data, serving clients like the Department of #Business, Energy and Industrial Strategy, Greater Manchester Combined Authority , Leeds City Council , #KTN, Portsmouth City Council , #Optimat, #Hatch.

Now, leaders who use technology and data to shape industrial strategy and investment decisions can see the impact when they gain access to exclusive data and insights that no one else can produce!

Funding Rounds!💸

The Data City secured its largest investment since 2017, nearly doubling its valuation from £10 million (2023) to £19 million. This follows a record growth year, including a 63% turnover increase to £1.25m and the creation of ten new senior roles.

The funding, from Oxford Economics , will enhance global data infrastructure, expand services for #multinational clients, and support a US joint venture. The investment underscores the rising demand for AI-driven business intelligence, combining The Data City's platform with Oxford Economics' #forecasting expertise.

They are accelerating their mission of establishing a new global industrial classification system, after securing £2M Series A Investment from Oxford Economics .

Adrian Cooper , CEO of Oxford Economics, commented: “Our clients need access to data that reflects the economy as it is today, not how it was classified in 2007. The Data City is redefining how businesses, investors, and policymakers understand industries. We’re excited to support their next phase of growth.” 

Website: https://thedatacity.com/

QUESTION⁉️

Is the 'democratization' of economic data, as pursued by The Data City, truly beneficial for all stakeholders, or does it risk creating information overload and potential misuse?

#DataAnalytics #EconomicData #AI #BigData #BusinessIntelligence #OpenData

#Vectors #Vsourz #TheDataCity