OnCorp Direct Inc.

OnCorp Direct Inc. is a technology company that provides essential online access to public records data, offering tools for legal and business professionals to conduct efficient due diligence and ensure compliance. Founded in 1997 in Toronto, Canada, OnCorp Direct Inc. specializes in online public records services, enabling clients to access vital information efficiently.

The company was acquired by Dye & Durham Corporation in March 2017 for an undisclosed amount. The current CEO is João Mattos, who has a history of steering the company through its operational growth and strategic pivots to enhance service offerings. OnCorp Direct Inc. offers a comprehensive technology platform known as eCore, which is crucial for legal and business professionals needing access to public records data.

Key features include automated due diligence, PPSA services, and corporate registry services, all designed to facilitate business transactions and support regulatory compliance. The platform serves a diverse clientele, including legal firms, corporations, and financial institutions predominantly within Canada, allowing them to make well-informed decisions based on reliable data. The revenue model of OnCorp Direct Inc. revolves around subscription-based services and transaction payments in the B2B sector.

Clients subscribe to access the eCore platform for public records searches and reports. Additional fees may apply for corporate searches or due diligence reports, with pricing plans customized for various customer segments, ensuring scalable solutions that cater to legal and financial professionals. OnCorp Direct Inc. plans to leverage its recent funding of CAD 6.

80 mn raised in March 2017 to enhance its eCore platform and expand its service offerings. The company aims to introduce new features designed to improve user experience and data accessibility. There are also intentions to penetrate additional markets, targeting regions within North America and expanding further into international territories by 2025, thereby broadening its reach and client base.