
Double Data
Data mining and enrichment for client risk profiling.
Date | Investors | Amount | Round |
---|---|---|---|
N/A | €0.0 | round | |
$3.2m | Series A | ||
Total Funding | 000k |
Related Content
Double Data, founded in 2012 by Maxim Ginzhuk and Pavel Shuvalov, is a Moscow-based developer of big data solutions for financial institutions and other B2C companies. The company's core offering is its "Double Enrichment" software, which automates the search and analysis of open-source data from the internet, particularly social networks, to enrich client profiles. This enables businesses to improve marketing effectiveness, cross-sales, risk assessment, and debt collection.
The technology operates within the client's IT infrastructure to ensure data security, providing analysis without external data transfer. Its system is designed for high-speed, automated searches, finding information for an average of 60% of B2C clients with a 99.8% accuracy rate. Double Data primarily serves banks, insurance companies, retail, and telecommunications firms within Russia and has expanded to clients in Southeast Asia and Europe. The company has faced legal challenges, notably from the social network VKontakte, regarding its data collection practices, which led to a court ruling prohibiting the unauthorized collection of user data for commercial purposes.
Keywords: data mining, risk profiling, big data analytics, client data enrichment, fraud detection, debt collection, financial technology, B2C data, open source intelligence, customer profiling, lead scoring, credit scoring, machine learning, automated data search, social media data analysis, risk management, cross-selling, customer relationship management, data verification, market research