What is Estimize?
Estimize operates a crowdsourced platform that aggregates earnings and macroeconomic estimates from a vast 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 audience. Estimize's predictive accuracy is notable, boasting a 70% win rate in forecasting actual reported results, which significantly surpasses traditional sell-side estimates. Its client base spans buy-side, independent, and sell-side investment professionals, alongside academics and amateur analysts, all leveraging Estimize's advanced algorithms for enhanced forecast accuracy. The company offers tiered subscription plans tailored for both individual and institutional users seeking comprehensive financial 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 Rob Ross, Michael Bigger, Charles Deutsch, 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 Contour Venture Partners, Longworth Venture Partners, WorldQuant, Euromoney Institutional Investor PLC, and Agilic Partner
Debt (2021): $105K backed by PPP
Key Investors in Estimize
Contour Venture Partners
Contour Venture Partners is a seed stage venture capital firm based in New York City, founded in 2005. The firm focuses on investing in innovative software solutions within the enterprise SaaS, vertical B2B SaaS, and financial services sectors. Contour partners with passionate entrepreneurs and management teams to help build transformative businesses.
Longworth Venture Partners
Longworth Venture Partners is a Boston-based venture capital firm that invests in early-stage software, internet and media companies. For over twenty years, the Longworth team has founded, built and led investments in some of the most innovative and successful technology companies.
WorldQuant
Founded in 2007, WorldQuant develops and deploys systematic investment strategies across a variety of asset classes and global markets, utilizing a proprietary research platform and risk management process. The company's headquartered in Old Greenwich, Connecticut.
What's next for Estimize?
The substantial enterprise-level funding Estimize has garnered, coupled with its recent strategic investment, positions the company for accelerated growth and market expansion. This capital infusion is likely to fuel further development of its predictive analytics capabilities and broaden its reach within the institutional investment community. Estimize's proven track record in outperforming traditional estimates suggests a continued trajectory of increasing market share and influence in financial forecasting.
See full Estimize company page
