Evidencity, Inc.

Evidencity, Inc. is a specialized firm offering in-language research and unique datasets aimed at identifying and eradicating modern slavery in business relationships, enhancing transparency and ethical compliance across various sectors. Founded in 2014 by Samuel Logan, Evidencity, Inc. is headquartered in Annapolis, US.

The company focuses on providing solutions to combat modern slavery, leveraging localized data and analytics. In January 2021, Evidencity raised venture funding from Eagle Venture Fund to support its initiatives, marking its first known funding round. Evidencity specializes in providing in-language research and unique datasets focused on identifying and eliminating modern slavery within critical business relationships. Their core offerings include solutions like RiskSignal, RiskScreen, RiskSolve, and RiskMonitor, which leverage localized data gathered by research teams alongside big data analytics.

These services aim to enhance transparency in supply chains and customer networks, facilitating the identification of bad actors and illicit networks that may exploit human rights. Evidencity's solutions are primarily targeted at businesses seeking to comply with ethical standards and enhance their reputation by mitigating risks associated with modern slavery. Their clientele spans various sectors, including but not limited to retail, manufacturing, and supply chain management, with a geographical focus on regions such as Ecuador, Turkey, Guatemala, and the UAE, where risks related to modern slavery are particularly pronounced. Evidencity generates revenue through a combination of subscription services and partnership agreements with corporate clients.

Clients typically engage with Evidencity to access comprehensive datasets and insights tailored to their specific operational needs, thus entering into long-term partnerships that enable ongoing monitoring and support. The company offers different tiers of service, which may include access to flagship products like RiskSignal and RiskSolve, tailored to provide varying levels of data depth and analytical capabilities. By integrating localized research with advanced AI models, Evidencity ensures that their offerings meet the evolving demands of businesses looking to enhance their compliance efforts and social responsibility initiatives. The transactional structure is designed to facilitate seamless client engagement, allowing organizations to leverage Evidencity's insights to make informed decisions regarding their supply chains and community impact.

Evidencity plans to enhance its product offerings by launching new features and tools designed to provide deeper insights into supply chain risks associated with modern slavery by early 2022. The company aims to expand into new markets, focusing on regions in Southeast Asia and Africa by the end of 2023. The recent funding round in January 2021 will be utilized to support these initiatives, enabling the development of new products and expanding the company’s reach into identified high-risk areas.