HomeUSAData Quality Co-Op Raises $1.25M in Funding

Data Quality Co-Op Raises $1.25M in Funding

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Data Quality Co-Op

Data Quality Co-op (DQC), a Salt Lake City, UT-based insights industry’s independent clearinghouse for data quality measurement, received its first funding round of $1.25M USD.

The funding was led by Kickstart Fund, joined by SaaS Venture Capital and Service Provider Capital, along with several influential individual investors from the consumer insights, technology, and finance sectors.

The company intends to use the funds for the development of its platform.

Led by Bob Fawson, and Ian Haynes, Data Quality Co-op (DQC) is an independent 1st-party data quality clearinghouse. The platform offers continuous quality measurement and real-time quality certification by aggregating, analyzing, and benchmarking data quality signals. The platform aggregates data quality signals across multiple sources. By offering industry-wide norms and quality measurement, it allows businesses to compare their data quality with broader standards and take proactive measures against fraud. As more data flows into the platform, the network effects enhance the accuracy, depth and comprehensiveness of its insights—delivering greater value to all users.

FinSMEs

23/10/2024

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