The London-based platform Solidatus helps organizations digitally map, manage, and monetize their data using a lineage-first approach, which has proven extremely successful: Last year, Solidatus more than doubled in size, quadrupled its revenue, was awarded the “Best Data Governance Solution” by Data Management Insights, and expanded into new sectors such as aerospace, manufacturing, telecommunications, and government. Now, with its new investment, the company aims to expand even further and offer its next-generation Data Management capabilities to additional industry verticals and markets, including the United States, Europe, and Asia.

According to a new press release, “Solidatus was built to revolutionise the data economy. The completion of Series A is confirmation that we’ve engineered the right solution to meet the complex needs of data-rich and regulated organisations, delivering a modern, agile and scalable solution. We are looking forward to working alongside our investors to accelerate the delivery of organisational transformation and control to new markets and clients with the same level of commitment to the highest standards of service that are key to the Solidatus offering.”

It continued, “To have two of the largest global banks as clients and investors in our first funding round speaks volumes about their belief in Solidatus’ ability to deliver value in financial services and beyond at an enterprise level,” says Solidatus co-founder Philip Miller. “We look forward to working with all our investors to help us take Solidatus to the next growth stage and market-disrupting innovation.”

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