Its now raised “continued financing” from existing investors Passion Capital, Jonty Hurwitz, and Federico Pirzio-Biroli, and brought on new investors in the shape of noted UK tech Angels Sherry Coutu and Tom Hulme. This follows a seed round announced in December last year led by founding CTO of Wonga, Jonty Hurwitz. In both cases the terms have not been disclosed, but TechCrunch understands Duedil is now into seven figures worth of financing.
CEO Damian Kimmelman says the funds will be used to expand the team and growing its data science department. Duedil recently hired Naaman Tammuz, who recently graduated with a PhD in Atomic Physics from the University of Cambridge, and Ahmed Medhat, who graduated from Oxford University and is focusing on developing machine learning and network analysis techniques to extract greater insight from Duedil’s data.
Sherry Coutu is an early stage investor, board member and advisor to organisations including LinkedIn, Care.com, the University of Cambridge, and others. As an entrepreneur, Coutu is best known for iii.co.uk which was floated in 2000 on the London Stock Exchange and Nasdaq. Tom Hulme is Design Director at global design firm IDEO, founder of OpenIDEO, and an entrepreneur and investor.
Duedil has a large array of company data for free, aggregating over 30 billion data points on every company and director in the UK and Ireland. It’s currently prepping its business data API and more services.
Certainly Duedil puts the likes of Companies House to shame right now.