About Platinum Data
Platinum Data is a company based in Oklahoma City (United States) founded in 2002 by Rocky Donathan was acquired by Mercury Network in August 2016.. Platinum Data has raised $896.23 thousand across 1 funding round from investors including Mercury Network. The company has 16 employees as of December 31, 2015. Platinum Data offers products and services including RealView, Due Diligence, Appraisal Quality, AVMs, and OptiVal. Platinum Data operates in a competitive market with competitors including Class Valuation, HouseCanary, Clear Capital, Mercury Network and Valocity, among others.
- Headquarter Oklahoma City, United States
- Employees 16 as on 31 Dec, 2015
- Founders Rocky Donathan
-
Sectors
Financial ServicesTechnology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Platinum Data Solutions, Inc.
-
Annual Revenue
$00as on Oct 24, 2014
-
Net Profit
-
EBITDA
-
Total Equity Funding
$896.23 K (USD)
in 1 rounds
-
Latest Funding Round
$896.23 K (USD), Seed
Oct 24, 2014
- Investors
-
Employee Count
16
as on Dec 31, 2015
-
Acquired by
Mercury Network
(Aug 24, 2016)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Platinum Data
Platinum Data offers a comprehensive portfolio of products and services, including RealView, Due Diligence, Appraisal Quality, AVMs, and OptiVal. 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 customizing appraisal rules and automating quality control processes.
Service for evaluating mortgage-related risks and compliance requirements.
Tools to assess and improve the quality of property appraisals.
Automated models for estimating property values in real estate.
Product for optimized valuation data in financial transactions.
Funding Insights of Platinum Data
Platinum Data has successfully raised a total of $896.23K through 1 strategic funding round. The most recent funding activity was a Seed round of $896.23 thousand completed in October 2014. 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 1
- Last Round Seed — $896,228
-
First Round
First Round
(24 Oct 2014)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2014 | Amount | Seed - Platinum Data | Valuation |
investors |
|
| 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 Platinum Data
Platinum Data has secured backing from 1 investor. Prominent investors backing the company include Mercury Network. 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 |
|---|---|---|---|---|
|
Appraisal vendor management software is provided for lenders and compliance.
|
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 Platinum Data
| 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 - Platinum Data
| 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 |
Platinum Data Comparisons
Competitors of Platinum Data
Platinum Data 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 Class Valuation, HouseCanary, Clear Capital, Mercury Network and Valocity, 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 |
Loan servicing and appraisal management software is provided.
|
|
| domain | founded_year | HQ Location |
AI-powered real estate data and analytics solutions are offered.
|
|
| domain | founded_year | HQ Location |
Property valuation solutions are provided to banks and lenders.
|
|
| domain | founded_year | HQ Location |
Appraisal vendor management software is provided for lenders and compliance.
|
|
| domain | founded_year | HQ Location |
Property valuation processes are automated via a specialized platform.
|
|
| domain | founded_year | HQ Location |
AI-powered real-time valuations for tangible and intangible assets are provided.
|
| 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.
|
Frequently Asked Questions about Platinum Data
When was Platinum Data founded?
Platinum Data was founded in 2002 and raised its 1st funding round 12 years after it was founded.
Where is Platinum Data located?
Platinum Data is headquartered in Oklahoma City, United States. It is registered at Oklahoma City, Oklahoma, United States.
Is Platinum Data a funded company?
Platinum Data is a funded company, having raised a total of $896.23K across 1 funding round to date. The company's 1st funding round was a Seed of $896.23K, raised on Oct 24, 2014.
How many employees does Platinum Data have?
As of Dec 31, 2015, the latest employee count at Platinum Data is 16.
What does Platinum Data do?
Platinum Data was founded in 2002 in Oklahoma City, United States, and later acquired by Mercury Network. Operations focus on the mortgage sector, where data analytics solutions are offered to lenders, service providers, investors, and appraisal management companies. Tools are utilized to analyze data sets and derive actionable insights for decision-making processes. Services emphasize practical data handling within the financial services domain.
Who are the top competitors of Platinum Data?
Platinum Data's top competitors include Class Valuation, Clear Capital and Mercury Network.
What products or services does Platinum Data offer?
Platinum Data offers RealView, Due Diligence, Appraisal Quality, AVMs, and OptiVal.
Who are Platinum Data's investors?
Platinum Data has 1 investor. Key investors include Mercury Network.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.