Dancerace

Bath, United Kingdom Founded: 1992 • Age: 34 yrs Acquired By Norland
Software for invoice and trade financing is provided by Dancerace.
Annual revenue $3.0M Latest available
Total funding - Funding intelligence
Employees 20 Tracked headcount
Investors 1 Known backers
Products 4 Services tracked
Competitors 9 Brand Intelligence

About Dancerace

Dancerace is a company based in Bath (United Kingdom) founded in 1992 was acquired by Norland in August 2024. The company has 20 employees as of May 31, 2021. Dancerace offers products and services including Dancerace OS, Backoffice Control, Client Onboarding, and Risk Management. Dancerace operates in a competitive market with competitors including Mirador, Trade Ledger, Upswot, AkoubaCredit and Northteq, among others.

  • Headquarter Bath, United Kingdom
  • Employees 20 as on 31 May, 2021
  • Sectors
    Financial Services
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Dancerace Plc
  • Date of Incorporation 21 May, 1992
  • Jurisdiction BATH, UNITED KINGDOM
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $3.05 M (USD)
    5
    as on May 31, 2021
  • Net Profit
    $320.81 K (USD)
    1769
    as on May 31, 2021
  • EBITDA
    Not available
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    20

    as on May 31, 2021

  • Acquired by
    Norland

    (Aug 08, 2024)

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Products & Services of Dancerace

Dancerace offers a comprehensive portfolio of products and services, including Dancerace OS, Backoffice Control, Client Onboarding, and Risk Management.

Product name locked
Category locked
Primary

System for managing lending products and operations securely

Product name locked
Category locked
Locked

Tools for portfolio and payment management in lending

Product name locked
Category locked
Locked

Process for efficient client integration and access control

Product name locked
Category locked
Locked

Solutions for assessing and mitigating financial risks

People of Dancerace

Headcount 10-50
Employee Profiles 11
Employee Profiles
People
Malcolm Spence-Herbert
Chief Technology Officer
People
Callum Dunbar
Head Of Marketing
People
Jon Watts
Head of Product
People
Elliot Avison
CEO

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Funding Insights of Dancerace

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Detailed funding history for Dancerace

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  • Funding amounts
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Investors in Dancerace

Dancerace has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Norland.

All
Venture Fund
Investor Description Founded Year Domain Location
-
Locked Locked Locked
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Investor details for Dancerace

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Investments & Acquisitions by Dancerace

Investments
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Investment portfolio details for Dancerace

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Financial Statements - Dancerace

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Detailed financials for Dancerace

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Dancerace Comparisons

Dancerace Primary company
Description
Software for invoice and trade financing is provided by Danc...
Location
Bath, United Kingdom
Founded Year
1992
Annual Revenue
$3.05 M (USD)
Net Profit
$320.81 K (USD)
EBITDA
Not available
Employees
20
As of 2021
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Peer comparison for Dancerace

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Competitors of Dancerace

Dancerace operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Mirador, Trade Ledger, Upswot, AkoubaCredit and Northteq, among others.

Company Name Domain Founded year HQ Location Description
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Cloud-based omnichannel lending solutions are offered to banks and institutions.
Locked Locked Locked
Loan origination solution for business loans
Locked Locked Locked
White-label loan onboarding and monitoring platform is provided.
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An online platform for originating small business loans is offered.
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Loan origination solutions
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Detailed competitors of Dancerace

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Latest news on Dancerace

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Complete news archive for Dancerace

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Frequently Asked Questions about Dancerace

Dancerace was founded in 1992.

Dancerace is headquartered in Bath, United Kingdom. It is registered at Bath, Somerset, United Kingdom.

As of May 31, 2021, the latest employee count at Dancerace is 20.

Annual revenue of Dancerace is $3.05M as on May 31, 2021.

Dancerace is a provider of software for facilitating invoice financing and trade financing. Dancerace provides both back office solution for administration (C3V5), and front office solution for client interaction (E3V5). It has also developed an innovative V5 eShadow software, which allows shadowed invoice discounting (a bridge between traditional factoring and traditional bulk invoice discounting). Dancerace has started delivering its software 100 on the cloud. Its clients include Suncorp Bank, Hitachi Capital, Commercial Bank of Dubai among others. Dancerace claims to be the market leader for invoice finance systems in the UK, and second largest worldwide.

Dancerace's top competitors include Mirador, Trade Ledger and Upswot.

Dancerace offers Dancerace OS, Backoffice Control, Client Onboarding, and Risk Management.

Dancerace has 1 investor. Key investors include Norland.

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