About DataSnipper
DataSnipper is a company based in Amsterdam (Netherlands) founded in 2017 by Maarten Alblas, Kai Bakker, and Jonas Ruyter.. DataSnipper has raised $100 million across 2 funding rounds from investors including Index Ventures and Insight Partners. DataSnipper has completed 1 acquisition, including UpLink. DataSnipper offers products and services including Intelligent Automation Platform, DocuMine, UpLink, and Financial Statement Suite. DataSnipper operates in a competitive market with competitors including MindBridge, Fieldguide, Valid8 Financial, Datricks and AuditorsDesk, among others.
- Headquarter Amsterdam, Netherlands
- Founders Maarten Alblas, Kai Bakker, Jonas Ruyter
- Stage Unicorn
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Datasnipper Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$100 M (USD)
in 2 rounds
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Latest Funding Round
$100 M (USD), Series B
Feb 01, 2024
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Investors
Index Ventures
& 1 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of DataSnipper
DataSnipper offers a comprehensive portfolio of products and services, including Intelligent Automation Platform, DocuMine, UpLink, and Financial Statement Suite. 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.
Platform for extracting and verifying audit data efficiently.
AI-powered solution for document management in audits.
Centralized system for AI-powered document requests.
Suite for documenting and performing financial procedures.
Unlock access to complete
Funding Insights of DataSnipper
DataSnipper has successfully raised a total of $100M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $100 million completed in February 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series B — $100.0M
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2024 | Amount | Series B - DataSnipper | Valuation | Index Ventures | |
| Sep, 2022 | Amount | Series A - DataSnipper | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in DataSnipper
DataSnipper has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Index Ventures and Insight Partners. 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.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investments in technology startups and entrepreneurs.
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Investment firm scaling software and technology companies from early to late stages.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by DataSnipper
DataSnipper has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include UpLink. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Documents are tracked and reviewed through a cloud-based platform.
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2021 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - DataSnipper
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Datasnipper Comparisons
Competitors of DataSnipper
DataSnipper 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 MindBridge, Fieldguide, Valid8 Financial, Datricks and AuditorsDesk, 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 |
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| domain | founded_year | HQ Location |
Financial risks are assessed using AI-driven analytics and detection tools.
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| domain | founded_year | HQ Location |
Workflow management and audit automation solutions for accounting and audit firms
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| domain | founded_year | HQ Location |
Cloud-based audit automation and fraud investigation solutions for auditors
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| domain | founded_year | HQ Location |
Provider of diversified management consulting services
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| domain | founded_year | HQ Location |
Cloud-based audit platform for chartered accountants
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Datasnipper
Frequently Asked Questions about DataSnipper
When was DataSnipper founded?
DataSnipper was founded in 2017 and raised its 1st funding round 5 years after it was founded.
Where is DataSnipper located?
DataSnipper is headquartered in Amsterdam, Netherlands.
Who is the current CEO of DataSnipper?
Vidya Peters is the current CEO of DataSnipper.
Is DataSnipper a funded company?
DataSnipper is a funded company, having raised a total of $100M across 2 funding rounds to date.
What does DataSnipper do?
DataSnipper was founded in 2017 and is based in Amsterdam, Netherlands. Audit management solutions are provided to audit firms in the financial services sector. Operations focus on tools for reviewing audit procedures, matching documents, extracting data, recognizing text, analyzing information, verifying mathematical accuracy, and managing documents. These services support efficiency in audit processes across international operations.
Who are the top competitors of DataSnipper?
DataSnipper's top competitors include MindBridge, Fieldguide and Datricks.
What products or services does DataSnipper offer?
DataSnipper offers Intelligent Automation Platform, DocuMine, UpLink, and Financial Statement Suite.
How many acquisitions has DataSnipper made?
DataSnipper has made 1 acquisition, including UpLink.
Who are DataSnipper's investors?
DataSnipper has 2 investors. Key investors include Index Ventures, and Insight Partners.
What is DataSnipper's valuation?
The valuation of DataSnipper is $1B as of Feb 2024.
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