
Datanomik
Simplifies businesses' processes to facilitate access to financial information.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
* | $6.0m | Early VC | |
Total Funding | 000k |
USD | 2023 |
---|---|
Revenues | 0000 |
EBITDA | 0000 |
Profit | 0000 |
EV | 0000 |
EV / revenue | 00.0x |
EV / EBITDA | 00.0x |
R&D budget | 0000 |
Source: Dealroom estimates
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Datanomik, also known as EMPIROX, is a financial data solutions company founded in 2022 by Sergio Fogel and Gonzalo Strauss. The company is headquartered in Montevideo, Uruguay, with an office in São Paulo, Brazil.
Sergio Fogel, a recognized Uruguayan internet entrepreneur, co-founded Datanomik after his success with other fintech companies like dLocal and AstroPay. His experience in the payments and financial technology sector, combined with Gonzalo Strauss's background as the former head of product at AstroPay, provides a strong foundation for Datanomik's mission to simplify financial data processes for businesses.
Datanomik operates as a business-to-business (B2B) open banking platform. The company provides businesses with access to financial information from various banks and financial institutions through a proprietary application programming interface (API). This allows companies to consolidate and standardize their financial data, gaining a comprehensive view of their financial health.
The platform offers several features, including access to account information, balances, transactions, and investments in a standardized format. This enables businesses to gain insights from their cash flow, reconcile bank balances efficiently, and make informed strategic financial decisions. Datanomik serves a wide range of clients, from small and medium-sized enterprises (SMEs) to large corporations, helping them to streamline their financial operations and improve their treasury management.
The company's business model is based on providing software-based financial data solutions to businesses. Datanomik likely generates revenue through subscription fees for its platform or on a pay-per-use basis, depending on the client's needs and usage.
Keywords: open banking, financial data, treasury management, B2B, fintech, API, cash flow, data aggregation, financial solutions, data standardization