Connected Data, a Nottingham, UK-based data driven debt management technology company, raised £2.2m in funding.
Maven Capital Partners led the round.
The company intends to use the funds to further develop its platform and help scale operations.
Founded by former Experian and TDX executive Kirk Fletcher, Connected Data provides cloud-based data services that combines business intelligence, analytics and AI with predictive data solutions to transform the entire debt management process. Its services help organisations across various industries, including utilities, financial services, local government and debt management services, reduce, resolve and prevent debt with minimal internal resource impact as well as to meet consumer protection regulations.
Since its inception in 2020, Connected Data has grown rapidly, with revenues increasing eightfold between 2022 and 2024.
FinSMEs
04/10/2024