With an estimated £88 billion laundered through the UK each year, companies like OpenCorporates have become an increasingly vital resource for watchdogs the world over. Founded in 2010 by a former magazine publisher, OpenCorporates has built a subscription-based open database of companies operating in the global corporate world.
From 3 million companies on its platform in the 2010s, OpenCorporate has grown to more than 200 million in the 2020s. The rate of its database growth reflects not only the need for more transparency in corporations, but also technological innovations in big data.
Bootstrapped since birth, OpenCorporates has maintained impartiality in its work. Its database of companies not only proves useful in the age of watchdogs and transparency, but in an individual's search for potential clients and employment opportunities. OpenCorporates also provides structured data for journalists and NGOs, having a tangible and positive effect on a global scale.
Freddie
Company Specialist at Welcome to the Jungle