DueDil is a company intelligence platform covering the SME economy. In August 2021 DueDil merged with Artesian Solutions and subsequently rebranded as FullCircl.
Services and products
DueDil pulls in data from a wide range of sources and digitises it, allowing users to search for information, find new customers and mitigate risk."DueDil makes business transparent, shows you who you can trust". Matt Brian, The Next Web. 30 May 2011"Can big data in finance lead to new metrics?". Stacey Higginbotham, The New York Times, 18 March 2011.
Company search results provide information including up to 20 years of financial data, mortgages, investments, red flags,"Welcome to the reputation economy" . Colin Brown, CNBC. 3 January 2012 litigations, and group ownership structures."Increasing business intelligence is the clever thing to do" Richard Tyler, The Daily Telegraph, 17 September 2011DueDil ‘Features ’ page. DueDil website, 2011
Director search results show individual director profiles, including full name, birthdate, nationality, known aliases, timelines of current and previous directorships, and social media profiles. The platform has commonly been used for compliance checks (e.g. KYC, KYB), credit risk assessments, and business development purposes.
DueDil features include an alert function that allows users to track and receive updates on companies of interest, detailed company and director search filters, financial metrics, news, group graphs, charts, and integration with social networks."Ten LinkedIn tips for journalists". Sarah Marshall, Journalism.co.uk. 19 January 2012 In March 2017, DueDil released the fourth version of its API allowing businesses to integrate DueDil data with their internal systems. Through a partnership with Callcredit Information Group, DueDil provides a service that allows users to conduct verification checks on businesses and connected individuals at the same time.
History
DueDil was co-founded by American entrepreneur, Damian Kimmelman in 2011 and Justin Fitzpatrick. The company launched at TechCrunch's ‘GeeknRolla’ conference on 21 March 2011, winning 'Best Startup'."GeeknRolla – DueDil wins startup competition" Mike Butcher, TechCrunch EU. 21 March 2011 In February 2018, co-founder Justin Fitzpatrick stepped into the role of CEO.
The company has been nominated for numerous awards and is recognised as one of the UK's most promising financial technology companies."Guardian Awards for Digital Innovation 2012 shortlist". The Guardian. Retrieved 2012-05-08"DueDil backed to open up company information". The Daily Telegraph. 14 August 2012"Information Industry Outlook 2012: Break and Reset" . Anthea Stratigos, Outsell. 22 December 2011"Meet ten of the UK's brightest young entrepreneurs". The Daily Telegraph. 8 November 2011"Service Business of the Year, DueDil". Startups.co.uk. Retrieved 2012-05-08"PeerIndex wins The Grand Prix as The Europas Awards drifts Eastwards " DueDil was named by Wired magazine in 2013 as one of Europe's hottest startups,"Wired – Europe's hottest startup capitals - London " Olivia Solon, Wired. 1 October 2013 and in 2016 Bloomberg named the company as one of its Business Innovators."Bloomberg Business Innovators 2016" Bloomberg Jan 2016 The UK government's Cabinet Office transparency team has also cited DueDil as a business providing innovative services using open data."Open data: Driving growth, ingenuity and innovation". Deloitte
CEO Damian Kimmelman was named as 'International Entrepreneur of Year' at the inaugural Tech City News Hall of Fame awards in June 2014,"" Tech City News. 18 June 2014 and in October 2014 as one of the 1,000 most influential Londoners by the Evening Standard.
Significant campaigns launched by DueDil include research by with the Centre for Entrepreneurs into levels of company formation by immigrants in the UK, showing that migrant entrepreneurs have created one in seven UK companies."Here's why migrants want to come to Britain". The Daily Telegraph. 6 March 2014"Migrant entrepreneurs have set up one in seven UK companies". The Independent. 5 March 2014"Migrant entrepreneurs prove their worth". Reuters. 11 March 2014"Migrants set up one in seven UK companies, study reveals". Financial Times. 4 March 2014"Migrants create highest number of jobs in UK". Times of India. 6 March 2014"Manchester is hotspot for migrant entrepreneurs". Manchester Evening News. 26 March 2014"Britain is in debt to a new generation of foreign entrepreneurs". City AM. 5 March 2014 DueDil also provided the data behind the first-ever Tech Nation report, which charted the growth of the UK tech sector."Prime Minister and Chancellor Welcome Launch". Gov.uk. 5 February 2015 Since 2015, the London Stock Exchange Group has used DueDil data to create its "1000 Companies to Inspire" report.
Since 2011, DueDil has raised nearly $30m from investors in the US and UK, including Oak Investment Partners, Passion Capital and Notion Capital."Duedil raises another financing round for its free company data platform" Mike Butcher, TechCrunch. 14 August 2012"DueDil raises $5m to expand private company info service beyond the UK" Robert Cookson, Financial Times. 11 April 2013"Company data disruptor DueDil raises $17m to go global" Mike Butcher, Tech Crunch. 2 March 2014 DueDil received funding from the European Union's Horizon 2020 research and innovation programme under grant agreement No 733164.
DueDil data has been regularly cited in the business press. Research by DueDil found that one in five directors of UK tech companies are foreign citizens, with a significant increase in the number of EU nationals in founding positions since 2010. In 2017, DueDil revealed high street banks charge small firms 20% interest. In 2018, DueDil research revealed that only 13% of women held top directorships in Britain, demonstrating a significant gender pay gap in senior leadership.
In 2021, DueDil was rebranded as FullCircl.
References