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Launch of Company Signals, an API for small business intelligence

Enigma launches Company Signals, an API leveraging billions of public data points to help lenders and insurers better understand small and medium sized businesses.


News provided by

Enigma

Oct 27, 2015, 01:00 ET

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NEW YORK, Oct. 27, 2015 /PRNewswire/ -- Today Enigma is launching Company Signals, a simple to integrate API that leverages Enigma's unique public data graph of billions of entities to provide unified, relevant, and timely intelligence about small and medium sized businesses (SMBs).

Through an understanding of the unique public data fingerprint of each company, Company Signals is aimed at lenders and insurers who need to better understand their small business customers. Whether it is the reduction of fraud through better verification, the improvement of customer experience through better segmentation, or the differentiation of their SMB products, Company Signals has a solution. By leveraging an unprecedented breadth of public data scoured from all levels of government, Company Signals allows its customers to fill in the gaps left by traditional data providers. To learn more about Company Signals please visit http://enigma.io/signals/company-signals.

There are almost 28 million SMBs in the United States. Gaining access to credit, insurance, and other services is crucial to their sustained success and growth. With the proliferation of online lenders and service providers, the need to verify, underwrite and onboard SMBs more rapidly is only growing. Yet for companies that earn less than $10M per year, it can be difficult to find any usable data.

Enigma's Company Signals solves this problem by unifying a broad spectrum of data sources, including things like corporate registrations, liens, shipping records, property data, tax assessments, geospatial data, professional licensing, and regulatory inspections, just to name a few. It is these sorts of indicators that help users of Company Signals to better understand their customers and to test against nuanced attributes that can truly differentiate their underwriting.

Enigma's Signals Products

Enigma's Signals products enable users to put data at the center of every critical decision. Data is powerful when it drives action. Yet too often organizations miss the real-time value of their data because analysis takes time and is difficult to repeat. So, we created Signals, a set of applications that leverage billions of public data points to allow you to automate intelligent decision-making at scale. Harmonizing public and private data streams, Signals generate actionable insights that integrate directly into your workflows. To learn more about Enigma's Signals offerings visit: http://enigma.io/signals/

About Enigma

Enigma maintains the world's largest open-source collection of public data. Through its intelligence and platform products, Enigma enables organizations to bring data to bear on their most important problems. Enigma's solutions are used across the Fortune 500 in industries as diverse as banking, insurance and manufacturing. Enigma won the 2013 TechCrunch Disrupt startup competition, and received a $4.5 million Series A funding round in 2014 and a $28.2 million Series B funding round in 2015 to expand its operations. For more information, visit www.enigma.io.

CONTACT:  Enigma, [email protected], 1-800-510-2856

SOURCE Enigma

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