Data Interconnect

Swindon, United Kingdom Founded: 1996 • Age: 30 yrs Acquired By BlackLine
Online software for accounts receivable and payable management is offered.
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About Data Interconnect

Data Interconnect is a company based in Swindon (United Kingdom) founded in 1996 was acquired by BlackLine in October 2023.. The company has 39 employees as of July 31, 2021. Data Interconnect offers products and services including eInvoicing & Payments, Cash Application, Collections Management, AR Intelligence, and Credit & Risk Management. Data Interconnect operates in a competitive market with competitors including Qonto, Melio, Lili, Settle and Baiwang, among others.

  • Headquarter Swindon, United Kingdom
  • Employees 39 as on 31 Jul, 2021
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Data Interconnect Limited
  • Date of Incorporation 10 Apr, 2000
  • Jurisdiction SWINDON, WILTSHIRE, ENGLAND
Operational Areas
Technology → Marketing, Adtech & Commerce Technology
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    39

    as on Jul 31, 2021

  • Acquired by
    BlackLine

    (Oct 12, 2023)

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Products & Services of Data Interconnect

Data Interconnect offers a comprehensive portfolio of products and services, including eInvoicing & Payments, Cash Application, Collections Management, AR Intelligence, and Credit & Risk Management. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Manages electronic invoicing and real-time tax compliance for quick inquiries.

Automates payment processing to identify inconsistencies and reduce unapplied cash.

Analyzes customer data for predicting behaviors and optimizing collection strategies.

Consolidates data for AI-driven payment forecasting and customer attractiveness scoring.

Tracks customer behavior changes and integrates external credit data for risk strategies.

People of Data Interconnect
Headcount 10-50
Employee Profiles 5
Employee Profiles
People
Zain Mirza
Implementation Specialist
People
Michelle Mantle
Business Development Executive

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Funding Insights of Data Interconnect

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Data Interconnect

Data Interconnect has secured backing from 1 investor. Prominent investors backing the company include BlackLine. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
AI-based accounting processes are automated for businesses.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Data Interconnect

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Data Interconnect

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Data Interconnect Comparisons

Employees
+
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Competitors of Data Interconnect

Data Interconnect 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 Qonto, Melio, Lili, Settle and Baiwang, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Subscription-based online banking is offered to SMEs and freelancers.
domain founded_year HQ Location
Blood-based pathogen detection devices are manufactured for healthcare applications.
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Digital banking services are offered to freelancers.
domain founded_year HQ Location
Cloud-based cash flow management is provided for payers and vendors.
domain founded_year HQ Location
Electronic invoicing and invoice management services are provided to businesses.
domain founded_year HQ Location
Online invoicing and payment software is provided for businesses.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Data Interconnect

BlackLine’s Acquisition of Data Interconnect
Globallegalchronicle2 years ago
Shaw & Co Advises Data Interconnect on Sale to BlackLine
Shawcorporatefinance2 years ago

Frequently Asked Questions about Data Interconnect

When was Data Interconnect founded?

Data Interconnect was founded in 1996.

Where is Data Interconnect located?

Data Interconnect is headquartered in Swindon, United Kingdom. It is registered at Swindon, Wiltshire, United Kingdom.

How many employees does Data Interconnect have?

As of Jul 31, 2021, the latest employee count at Data Interconnect is 39.

What does Data Interconnect do?

Data Interconnect was founded in 1996 and is based in Swindon, United Kingdom. Software solutions for managing accounts receivable and payable are provided through an online platform. Key functionalities include e-billing, invoice processing and authorization, as well as matching of invoices and purchase orders. Integration with payment merchants is enabled to facilitate customer payments. The focus remains on financial operations within the software sector.

Who are the top competitors of Data Interconnect?

Data Interconnect's top competitors include Qonto, Lili and Baiwang.

What products or services does Data Interconnect offer?

Data Interconnect offers eInvoicing & Payments, Cash Application, Collections Management, AR Intelligence, and Credit & Risk Management.

Who are Data Interconnect's investors?

Data Interconnect has 1 investor. Key investors include BlackLine.

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