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Demyst
External data management platform
- 21-100 employees
- Credit Scoring
- B2B
- Enterprise
- Compliance
- Analytics
- SaaS
- API
- Data Integration
- Data Analysis
- Kips Bay, New York, NY
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Company mission
To unlock the power of data for good.
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Our take
The power of external data is a hot topic, particularly for financial institutions and insurers who must stay compliant as they roll out new products. However, with the data landscape becoming increasingly fragmented, deploying external data at scale has become a significant challenge.
Founded in 2010, Demyst was an early mover in the external data space, creating a platform that helps customers quickly discover, onboard, and turn data into actionable insights. This approach enables businesses to not only make better decisions but also to generate more profit from the data they use.
Since then, Demyst has expanded globally, with offices in Australia, Singapore, and the US. The company counts major players in the financial services and insurance industries among its clients, including ANZ, Standard Chartered, and Koalifi. As demand for data continues to rise, Demyst shows no signs of slowing down, as it gears up for an IPO and is set to be listed on the Australian Stock Exchange in the near future.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- Work with the largest consumer and business external data market in an emerging industry that is fueling AI globally
- Have an impact in a scaling but small team offering real autonomy and responsibility for client outcomes
- Stretch yourself to help define and support something entirely new that will impact billions
- Work within a strong, tight-knit team of subject matter experts
- Small enough where you matter, big enough to have the support to deliver what you promise
- Distributed working team and culture, recognition of outcomes and merit, not presenteeism
- Generous benefits
Company values
- Bias for Client Outcomes: Many companies talk about customer success, or service, or advancement...insert aspirational term here. But the ability to help clients is fueled by an inherent bias for measurable client outcomes. We have that bias, and it constantly pushes us to bring ROI to our customers while driving positive economic change and social impact in the world. Do we fail sometimes along the way? Sure, but those setbacks inform future successes
- Grit: We walk through walls to get it done for our clients and for our team. We’ve been solving old problems with novel data longer than anyone else, and we embarked on this adventure before there was a real market for what we do. Being tenacious and downright scrappy is in our DNA because it has to be
- Humility: We check our egos at the door. Our vision is not clouded by arrogance and our judgment is unaffected by vanity. All we see is the problem to be solved - we listen to the data with objectivity and impartiality
- Ownership: We own what we do and we take responsibility for it. We are accountable, not only as a team and business, but also to each other. We constantly challenge each other to bring our best work to the table...by improving ourselves we deliver on our mission to unlock the power of data for good
Funding (last 2 of 3 rounds)
Aug 2019
$12.5m
SERIES C
Oct 2016
$7m
SERIES B
Total funding: $24.5m
Leadership
Mark Hookey
(CEO)Founded Demyst in 2010 and has served as the CEO ever since. Prior to this, they were a Managing Director at LexisNexis, a Partner at Optimal Decisions Group, and a Consultant at Corporate Value Associates.
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