What is Crux Informatics?
Crux Informatics operates a sophisticated data delivery and operations platform designed to streamline the flow of data between suppliers and consumers. By fostering direct relationships with data suppliers and serving a broad base of data consumers, Crux achieves economies of scale that benefit the entire industry. The company's value proposition centers on delivering data at a reduced cost, through flexible delivery methods, and with a consistently high standard of service and security. Crux actively manages over 10,000 datasets, sourced from more than 100 data suppliers, positioning itself as a critical intermediary in the data ecosystem.
How much funding has Crux Informatics raised?
Crux Informatics has raised a total of $127M across 5 funding rounds:
Multiple Rounds
$41M
Debt
$36M
Other Financing Round
$50M
Other Financing Round (2018): $11M with participation from Citi
Series A (2018): $10M, investors not publicly disclosed
Series B (2018): $20M supported by Goldman Sachs and Two Sigma Ventures
Debt (2021): $36M, investors not publicly disclosed
Other Financing Round (2023): $50M backed by Goldman Sachs and Two Sigma Investments
Key Investors in Crux Informatics
Goldman Sachs
Goldman Sachs is a leading global investment banking, securities, and investment management firm. It provides a wide range of financial services to corporations, governments, and institutional and individual clients, including mergers and acquisitions advisory, underwriting, asset management, securities trading, and wealth management. Known for its influential role in global capital markets, Goldman Sachs also engages in risk management, financing, and strategic advisory services worldwide.
Two Sigma Investments
Two Sigma Investments is an investment management company specializing in applying technology to the data-rich finance world. Two Sigma Investments is headquartered in New York City, with offices spread across the globe.
Citi
Citigroup Inc. is a leading global financial services company headquartered in New York City, New York. One of the world's largest banks, Citi provides a broad range of financial products and services including consumer banking, corporate and investment banking, securities brokerage, trade finance, and wealth management to individuals, corporations, governments, and institutions in over 160 countries.
What's next for Crux Informatics?
The recent major strategic investment in Crux Informatics signals a pivotal growth phase for the company. This capital infusion is expected to accelerate the expansion of its data delivery and operations platform, enhance its managed service offerings, and potentially broaden its network of data suppliers and consumers. The company's focus on unlocking economies of scale and reducing data delivery costs positions it favorably to capitalize on the increasing demand for efficient and secure data management solutions in the enterprise sector. Future strategic initiatives will likely involve further technological innovation and market penetration to solidify its leadership in the data infrastructure landscape.
See full Crux Informatics company page
