Discovery Data, Inc.
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Discovery Data, Inc. - overview
Established
2002
Location
Eatontown, NJ, US
Primary Industry
Internet
About
Discovery Data, Inc. offers data solutions that enhance operational efficiency for the financial services and insurance sectors, providing actionable insights and advanced analytics through innovative platforms. Founded in 2002 and headquartered in Eatontown, US, Discovery Data, Inc. specializes in delivering data solutions for the financial services and insurance markets.
The company was previously acquired by Institutional Shareholder Services, Inc. in December 2021 from Northlane Capital Partners, facilitating a strategic shift in their operations. The firm has completed a total of 5 deals, with the most recent deal occurring on October 29, 2021. Discovery Data specializes in providing accurate and actionable data solutions tailored to the financial services and insurance markets.
Their core offerings include the Discovery Data FRAME, MarketPro, and MarketLink. The Discovery Data FRAME serves as a comprehensive platform for high-quality insights and analytics. MarketPro is an advanced intelligence tool for market trend visualization, while MarketLink ensures seamless data integration and real-time delivery for operational efficiency. These products cater to Broker-Dealers, Registered Investment Advisors (RIAs), and insurance professionals, aiming to enhance their market reach and operational capabilities across North America.
Discovery Data generates revenue primarily through subscription-based models and partnerships, allowing clients to access its suite of products and services. Their flagship offerings, including the Discovery Data FRAME and MarketPro, are typically sold under annual contracts, fostering long-term relationships with clients such as financial institutions and insurance firms. The company's B2B structure promotes recurring revenue streams without disclosing specific pricing tiers or terms. Following the acquisition by Institutional Shareholder Services, Inc.
in December 2021, Discovery Data plans to expand its product offerings and enhance customer engagement. The recent transaction enables the company to focus on developing new products geared towards improving operational efficiency for clients. Additionally, Discovery Data will seek to enter new geographical markets, specifically targeting enhancements in North America to optimize their data-driven strategies by 2023.
Current Investors
Genstar Capital Partners, Institutional Shareholder Services, Inc., Ipreo Limited
Primary Industry
Internet
Sub Industries
Web Applications, Accounting/Finance Software, HR & Workforce Software, Sales & Marketing Software
Website
www.discoveryco.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Discovery Data, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | Discovery Data, Inc. | - | ||||||||
| Secondary Buyout | Completed | Discovery Data, Inc. | - | ||||||||
| Private Debt | Completed | Discovery Data, Inc. | - | ||||||||
| Add-on | Completed | Meridian-IQ | - | ||||||||
| Buyout | Completed | Discovery Data, Inc. | - |
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Discovery Data, Inc. - employee data
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