What is Estimize?
Estimize operates a unique platform that crowdsources earnings and macroeconomic estimates from a global network of over 130,000 contributors. The company offers free access to its data and analytics tools for contributors, while providing subscription-based services for a broader clientele. Estimize's proprietary algorithms and data analysis have demonstrated a remarkable 70% win rate in predicting actual reported results, substantially outperforming traditional sell-side estimates. Its services cater to a diverse user base, including buy-side, independent, and sell-side investment professionals, as well as academic researchers and amateur analysts, enhancing forecast accuracy and providing valuable insights.
How much funding has Estimize raised?
Estimize has raised a total of $10.6M across 5 funding rounds:
Other Financing Round
$200K
Series A
$2.6M
Private Equity
$1.1M
Series B
$6.6M
Debt
$105K
Other Financing Round (2011): $200K with participation from Michael Bigger, Charles Deutsch, Rob Ross, and Todd Sullivan
Series A (2012): $2.6M led by Contour Venture Partners and Longworth Venture Partners
Private Equity (2014): $1.1M, investors not publicly disclosed
Series B (2015): $6.6M featuring WorldQuant, Euromoney Institutional Investor PLC, Contour Venture Partners, Longworth Venture Partners, and Agilic Partner
Debt (2021): $105K backed by PPP
Key Investors in Estimize
WorldQuant
WorldQuant is a quantitative asset management firm that develops and deploys systematic investment strategies across global markets, utilizing a proprietary research platform and risk management process.
Euromoney Institutional Investor PLC
Euromoney Institutional Investor PLC is a prominent European business and financial magazine publisher, known for its extensive coverage of global financial markets.
Contour Venture Partners
Contour Venture Partners is a seed-stage venture capital firm specializing in innovative enterprise SaaS and financial services solutions, partnering with entrepreneurs to build transformative businesses.
What's next for Estimize?
The recent major enterprise-level funding and strategic investment signal Estimize's readiness for accelerated scaling and market expansion. This capital infusion is expected to fuel further development of its predictive analytics capabilities and broaden its reach within the institutional investment community. The company's consistent performance in forecast accuracy positions it for continued leadership in the financial technology sector, likely focusing on enhancing its data offerings and subscription services to meet evolving market demands.
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