The Data City is a UK-based analytics startup founded in 2018, transforming how businesses, investors, and policymakers understand economic activity. The company's slogan, "Understand what companies do. Get real-time data on 9M+ UK companies, explore 400+ industries & map sectors with AI," encapsulates its mission to replace outdated SIC codes with real-time, actionable insights driven by AI.
The platform is trusted by a diverse array of users, including governments, banks, and researchers, for its ability to classify businesses based on their actual operations rather than static industry codes. This positions The Data City as a vital tool for strategic activities like industrial strategy, investment planning, and innovation mapping. Its creation of over 500 Real-Time Industrial Classifications (RTICs) is a testament to its pioneering approach.
Recently, The Data City secured a £10.00M venture round investment from Venturian Funding & Investment Group on 25 September 2023, underscoring investor confidence in its market potential and innovative solutions. Located at the intersection of analytics and IT, this company's data-driven insights offer a competitive edge for those looking to understand the rapidly evolving business landscape.