About Substantive Research
Substantive Research is a company based in London (United Kingdom) founded in 2015 was acquired by Euronext in September 2024. Substantive Research has raised $980.72 thousand across 1 funding round from investors including Euronext and Foresight Group. The company has 15 employees. Substantive Research offers products and services including Market Data Spend Analytics, Research Spend Analytics, Research Insights, and ESG Data Providers. Substantive Research operates in a competitive market with competitors including Investing, Tigerobo, Stratiphy, Selerity and Genuine Impact, among others.
- Headquarter London, United Kingdom
- Employees 15
- SectorsTechnology
- Email••••••••
- Website substantiveresearch.com
- Social LinkedIn X
- Acquired by Euronext (Sep 2024)
- Legal Name Substantive Research Limited
- Date of Incorporation 21 Jan, 2015
- Jurisdiction LONDON, ENGLAND
Products & Services of Substantive Research
Substantive Research offers a comprehensive portfolio of products and services, including Market Data Spend Analytics, Research Spend Analytics, Research Insights, and ESG Data Providers.
Provides benchmarks for market data pricing and procurement.
Offers price benchmarks for investment research spending.
Curates content from brokers for focused investment needs.
Enables comparison of ESG data vendors and ratings.
Funding Insights of Substantive Research
Substantive Research has successfully raised a total of $980.72K through 1 strategic funding round. The most recent funding activity was a Seed round of $980.72 thousand completed in April 2020. 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 $980,718
- Total Rounds 1
- Last Round Seed — $980,718
- First Round $980,718
(Apr 2020)
- Investors Count 1
All 1 funding rounds of Substantive Research with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2020 | $980,718 | Seed | – | Foresight | – |
2 investors in total: 2 institutional.
Investors in Substantive Research
Substantive Research has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Euronext and Foresight Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Ship freight and logistics transportation services are provided. | – | foresight-group.com | Dubai, United Arab Emirates | |
Provider of stock exchange services | 2000 | euronext.com | Paris, France |
Investor details for Substantive Research
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Substantive Research
11 people are tracked at Substantive Research (7 in leadership, 4 in team); the tracked headcount is 15.
| Name | Role | Group |
|---|---|---|
Mike Carrodus | Founder/CEO | Leadership |
Dale Graham | Finance Director | Leadership |
Drew Hermann | Head of Sales, Americas | Leadership |
Hamish Risk | Head of Research Discovery | Leadership |
Jonathan Furse | Chief Technology Officer | Leadership |
Matthew Zegleman | Head of Europe - Business Development Manager | Leadership |
Nathan Hyatt | Head of Account Management, Europe | Leadership |
Prashil Karelia | Business Development - Market Data | Team |
Daniel Kasprowicz | Lead Software Engineer | Team |
Rushabh Buch | Web Developer | Team |
Julian Scotti | Software Developer | Team |
Complete people profiles for Substantive Research
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Substantive Research
3 dated milestones of Substantive Research across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Substantive Research is founded.
- Funding First funding round of $981K.
- Exit Acquired by Euronext.
Competitors of Substantive Research
Substantive Research 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 Investing, Tigerobo, Stratiphy, Selerity and Genuine Impact, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| investing.com | 2007 | Tel Aviv, Israel | – | – | - | |
| tigerobo.com | 2017 | Shanghai, China | $48.37M | – | AI-based research platform for financial data analysis is provided. | |
| stratiphy.io | 2020 | London, United Kingdom | $1.71M | 2 | Sustainable investment moves are suggested automatically via an app-based platform. | |
| selerityinc.com | 2009 | New York, United States | $12.27M | – | AI-based research and workflow automation software | |
| genuineimpact.io | 2018 | London, United Kingdom | $1.85M | 9 | App-based research platform for stock and forex investments is provided. | |
| vantagepointsoftware.com | 1979 | Wesley Chapel, United States | – | – | AI-based research platform for financial market | |
| bluefireai.com | 2018 | Hong Kong, China | – | – | Provider of artificial intelligence solutions for business process automation and optimization | |
| oxfordbusinessgroup.com | 1994 | London, United Kingdom | – | 5 | Offers research, reports, and consulting on high-growth markets for global businesses. |
Detailed competitors of Substantive Research
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Substantive Research
The website of Substantive Research (substantiveresearch.com) receives about 8.2K visits a month.
- Monthly visits8.2K
▼ 56.9% vs previous month
Latest news on Substantive Research
Complete news archive for Substantive Research
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Substantive Research
10 companies that operate in the same segment as Substantive Research (Investment & Financial Technology), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Commission-free trading and investment services are provided by Robinhood. | 2013 | Menlo Park, California, United States | USD 5.73 B | USD 2.98 B | 2,300 | |
Online exchange platform for cryptocurrency | 2017 | Ta Xbiex, Malta | USD 2.02 B | – | – | |
Online social trading platform for cryptocurrency, stocks, ETFs, and CFDs | 2007 | Tel Aviv, Israel | USD 422.94 M | USD 925.73 M | – | |
Financial data and investment advisory tools are offered online. | 1984 | Chicago, Illinois, United States | USD 91 M | USD 351.25 K | 6 | |
App-based brokerage stock trading platform | 1996 | Mumbai, Maharashtra, India | USD 38.41 M | USD 548.9 M | 3,830 | |
App-based platform for spare change investment | 2012 | Irvine, California, United States | USD 587.84 M | – | – | |
Smart investment portfolios are offered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 121.05 M | USD 635.51 K | 231 | |
App-based automated investment and retirement planning platform | 2010 | New York, New York, United States | USD 335 M | – | – | |
Money Forward is engaged in providing financial technology solutions. | 2012 | Minato, Tokyo, Japan | USD 42.9 M | USD 322.51 M | 2,600 | |
Wealth management solutions are delivered for investment advisors. | 2009 | Mountain View, California, United States | USD 759.1 M | – | – |
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Frequently Asked Questions about Substantive Research
Substantive Research was founded in 2015 and raised its 1st funding round 5 years after it was founded.
Substantive Research is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Substantive Research is a funded company, having raised a total of $980.72K across 1 funding round to date. The company's 1st funding round was a Seed of $980.72K, raised on Apr 2020.
Substantive Research has 15 employees.
Substantive Research was founded in 2015 in London, United Kingdom. An AI-based platform is operated for investors and asset managers within the financial sector. Data-driven insights are delivered for portfolio management, including thematic research monitoring and value and price analysis. Operations focus on supporting investment decisions through analytical tools and market overviews.
Substantive Research's top competitors include Investing, Stratiphy and Vantagepoint.
Substantive Research offers Market Data Spend Analytics, Research Spend Analytics, Research Insights, and ESG Data Providers.
Substantive Research has 2 investors. Key investors include Euronext, and Foresight Group.
Substantive Research operates through Substantive Research Limited.
Yes. Substantive Research was acquired by Euronext in September 2024.