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Company finance search tool Duedil receives further funding

December 15th, 2011Posted by in Business, Handy tools and technology, Search

Duedil, which describes itself as the world’s largest database of free company financials, has just finalised a second round of investment from Jonty Hurwitz, the founding CTO of loans firm Wonga.

Duedil is a free tool that all journalists should take a look at, as it provides a hugely valuable way to search for information on company finance, directorships and more.

Duedil’s database lists every company and director in the UK and Ireland allowing anyone to access the information for free.

It has recently added new features including alerting you to which of your LinkedIn contacts may be able to provide information on that company.

In a release, Duedil said it “has ambitious plans to revolutionise the way business information is accessed and used”.

Angel investor Hurwitz, who is investing an undisclosed sum and has a minority stake in Duedil, “has built a team and technology platform that have radically altered the short-term finance market,” the release states.

Founded in 2007 with Errol Damelin, Wonga turned over £74 million in 2009, and is growing every year.

The release states:

With an eye for the next big thing, Hurwitz sees the vast potential for business growth in big data analytics. He will bring both his technical and strategic expertise to Duedil, which he hopes will develop into the premier source of business information in the world.

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