Equity Data Science, Inc.

Equity Data Science, Inc. is a New York-based firm specializing in advanced data science and analytics solutions tailored for the investment management industry, streamlining decision-making processes for financial institutions. Founded in 2017 and headquartered in New York, US, Equity Data Science, Inc. focuses on delivering data-driven solutions for investment management.

The founders, Greg McCall and Sandeep Varma, have significant experience in the financial sector. The company raised USD 5. 04 mn in funding in February 2021 from Northern Trust, marking its most recent investment round. The total amount raised by the firm stands at USD 5.

04 mn, reflecting a focused growth strategy in the competitive financial technology landscape. Equity Data Science (EDS) specializes in providing a comprehensive suite of data science and analytics solutions tailored for the investment management sector. Their core offerings include advanced risk management models, performance attribution tools, and research management systems, designed to optimize investment decision-making. EDS products integrate qualitative and quantitative data, allowing clients to extract insights from both internal and third-party sources within a singular platform.

The end users of EDS’s solutions predominantly consist of hedge funds, private equity firms, and asset managers across major financial markets, including North America, Europe, and Asia-Pacific. By centralizing research and intelligence on one platform, EDS empowers its clients to enhance operational efficiency and improve portfolio performance, addressing the challenges of navigating complex market dynamics. Equity Data Science generates revenue primarily through subscription-based partnerships with its clients. The firm offers various pricing plans for its flagship products, which include the Nexus Risk Management Solution and Portfolio Construction tools.

Clients typically engage in annual or multi-year subscription agreements, providing ongoing access to EDS's suite of analytical tools and support services. The transaction structure emphasizes a B2B model, wherein financial institutions leverage these tools to enhance their investment strategies and risk management practices. EDS serves a diverse clientele, including marquee hedge funds and asset managers, contributing to its robust revenue stream and aligning with its strategic aim in the financial technology sector. Equity Data Science, Inc.

plans to utilize the USD 5. 04 mn raised in February 2021 to enhance client access to new technologies, services, and solutions. As part of its growth strategy, the company aims to design and launch new products that cater to an evolving market. Expansion into new geographic regions is also on the agenda, with specific plans to target emerging markets in Asia-Pacific and Europe in the next few years.

The company is committed to adapting to the changing demands of the investment management space by leveraging this recent funding.